depository receipt
A financial instrument representing ownership of shares in a foreign company, traded on a local exchange. Technical term used in finance.
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.
American depositary receipt; ADR
Compound of 預託 (deposit, entrust) and 証券 (security, certificate). The term is a direct translation of the English 'depository receipt'.