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Altcoin

Altcoin Definition: Daytrading Terminology

Altcoin is a colloquial term used in finance to describe any of Bitcoin’s successor and competitor cryptocurrencies. While there is no hard rule for what defines an altcoin, they generally have the same features as Bitcoin (peer-to-peer exchange, mining, etc), while also purporting to improve on one or more of Bitcoin’s suggested shortcomings. Some examples […]

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American Depository Receipt

American Depository Receipt (ADR) Definition: Day Trading Terminology

An American depository trust or American depository receipt (ADR) is a negotiable certificate that represents a specified number of shares of a stock listed on a foreign exchange that are held by a U.S. financial institution. American depository trusts offer all the benefits of conventional stock ownership, such as dividends and shareholder rights, but with […]

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