If yes, does it mean "very much liked by people"?

"I'd like to sell 3,000 GDRs of Samsung Electronics preferred."

  • It's not clear what you want to say, because "I'd like to sell 3,000 GDRs of Samsung Electronics very much liked by people" doesn't make sense either. Do you mean "I'd like to sell (some things) that are very much liked by people"? – stangdon Jul 13 '18 at 16:46
  • So you mean "3,000 GDRs of Samsung Electronics" doesn't make sense, either? – haile Jul 13 '18 at 16:49
  • 2
    I'm not clear on what GDR means in this context. If it means global depositary receipt, then preferred is a technical term in finance; it does not just mean "people like it". – stangdon Jul 13 '18 at 16:53
  • So we say "....preferred" or "...preferred stocks"? – haile Jul 13 '18 at 16:54
  • Yes, stock is often left out. Preferred shares of a stock. – Lambie Jul 13 '18 at 17:03

That's stock market terminology.

In the stock market, GDR (per Investopedia) stands for "global depositary receipt" and

represents a bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an international bank. The shares trade as domestic shares, but are offered for sale globally through the various bank branches. The term GDR is used throughout the globe and designates any foreign firm that trades on an exchange outside its home country.

Also according to Investopedia, you have preferred stocks, which can also be preferred shares:

A preferred stock is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. Preferred shares generally have a dividend that must be paid out before dividends to common shareholders, and the shares usually do not carry voting rights.

So, the sentence could have read:

I'd like to sell 3,000 GDRs worth of Samsung Electronics preferred shares.

However, as has been noted in a comment, shares can be dropped and the sentence understood without it.

  • This omission of the word "shares" is standard in financial discussions. – Jasper Jul 13 '18 at 16:56

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