Guilder Share - New York Share
Shares representing Dutch companies that are not permitted to trade outside of national borders.
Investopedia Commentary
Normally, foreign equities are traded in America as ADRs. However, the Dutch regulatory body does not permit their companies to issue ADRs linked to active home country shares (which is the normal procedure). Instead, a number of underlying home country shares are cancelled and the equivalent amount of Guilder shares are issued.
Also known as a New York Share.
Related Links
ADR Basics Tutorial
See also: American Depository Receipt-ADR, Foreign Currency Effects, Global Depository Receipt-GDR, International Depository Receipt-IDR