jˌʊɹɹəpˈiən dᵻpˈɑːzətˌɛɹi ɹᵻsˈiːt, ɹˌɛpɹᵻzˈɛnts ˈoʊnɚʃˌɪp ɪnðə ʃˈɛɹz əvə nˈɑːnjˌʊɹɹəpˈiən kˈʌmpəni ðæt tɹˈeɪdz ɪn jˌʊɹɹəpˈiən faɪnˈænʃəl mˈɑːɹkɪts
European depositary receipt, represents ownership in the shares of a non-European company that trades in European financial markets