Over-the-counter


Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.
Related to Over-the-counter: Over-the-counter drugs

Over-the-counter (OTC)

A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. The NASDAQ market is an OTC market for US stocks. Antithesis of listed.

Over-the-Counter Market

Describing a security or trade that does not occur on an exchange. Very often, the OTC market includes securities that are very small and do not trade on an exchange because they do not meet market capitalization requirements. OTC securities may theoretically be traded informally (one may stand on a street corner and sell his/her stocks), but the term usually refers to securities traded through a dealer network.

Over-the-counter (OTC).

Securities that trade over-the-counter (OTC) are not listed on an organized stock exchange, such as the New York Stock Exchange (NYSE) or the Nasdaq Stock Market.

Common stocks, corporate, government, and municipal bonds (munis), money market instruments, and other products, such as forward contracts and certain options, may trade OTC.

Generally speaking, the OTC market is a negotiated market conducted between brokers and dealers using telephone and computer networks.

References in periodicals archive ?
We now consider what the central bank survey reveals about the scale of potential shocks in the over-the-counter derivatives markets.
"These settlements will ensure that Dollar General, Dollar Tree, and Family Dollar will not only pay both a substantial fine and damages, but, more importantly, update their business practices to comply with the law so that no expired over-the-counter drugs are sold to a New York consumer again."
Are over-the-counter drugs purchased prior to 2011 still eligible?
The advocates also called for more staff and resources to review over-the-counter drugs, as FDA currently has only 20 or so staff to monitor the market, which represents almost $32 billion in sales each year.
This can be bought as a low dose (each tablet containing 8mg of codeine and 500mg paracetamol) over-the-counter or higher doses on prescription.
The over-the-counter proposal is something Republicans ''are coming up with now to try to take some of the heat off of what they've done,'' Sen.
Legal, over-the-counter and prescription drugs can make you a danger to yourself and others.
The majority of Greece's 11,000-plus pharmacies are individually owned by certified chemists who depend a lot on neighborhood trade and sales of over-the-counter drugs and personal care products to remain in business.
"It would be unacceptable if banks collectively blocked exchanges to protect their revenues from over-the-counter trading of credit derivatives," commented Competition Commissioner Joaquin Almunia.
Take an over-the-counter pain reliever to dull the ache.
Elcelyx Therapeutics has secured $20 million in Series C financing to fund clinical trials of its Lovidia over-the-counter weight loss product, and NewMet for type 2 diabetes.