noun
depository receipt
A financial instrument representing ownership of shares in a foreign company, traded on a local exchange. Technical term used in finance.
日本企業の預託証券がニューヨーク証券取引所に上場された。
The depository receipts of the Japanese company were listed on the New York Stock Exchange.
株式 refers to shares of stock directly, while 預託証券 is a certificate representing those shares held by a depository bank, often used for cross-border trading.
Compound of 預託 (deposit, entrust) and 証券 (security, certificate). The term is a direct translation of the English 'depository receipt'.