Definition

Holding Company Depository Receipt (HOLDR)

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A Holding Company Depositary Receipt (HOLDR) is a security that allows investors to buy and sell a fixed collection of stocks (generally 20) in a single transaction, that are used to track some industry sector. HOLDRs let shareholders trade stocks in a certain industry, sector, or group.

Term of the day

Service Sector

What is service sector? The service sector is the composite of all service industries in an economy. The industries falling under this sector offer services to......
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