OTCBB Glossary - D

A  B  C  D  E  F  H  I  L  M  O  P  S  T 

Depositary Bank

When a company decides to issue American Depositary Receipts, it appoints an authorized depositary, normally part of a large U.S. banking institution or trust company.

Direct Participation Program (DPP)

An investment program enabling investors to directly participate in the cash flow and tax benefits of the partnership invested in by the investor, typically a form of passive investment. Also called a Limited Partnership.