Over-the-counter


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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 ?
The over-the-counter monograph system has not kept up with the needs of the American public or the over-the-counter drug market for years, said Casey.
Are over-the-counter drugs purchased prior to 2011 still eligible?
Claiming that the government remained awash in cash, De Leon said the main objective of the over-the-counter sale was to respond to the investment needs of GOCCs.
Next to the medicine itself, label comprehension is the most important part of self-care with over-the-counter medicines," Fultz-Morris says.
Based on these studies, it would appear that allowing teenagers over-the-counter access to Plan B wouldn't have the feared effect.
Novartis maintains many of the new brands will complement its established over-the-counter product portfolio in North America.
Over-the-counter drugs are typically intended for less serious, more easily diagnosable ailments, such as allergies or headaches.
OREGON: 108,000 elk About 52,000 Roosevelt elk and 56,000 Rocky Mountain elk Success ratio: 15 percent Over-the-counter tags are available, primarily in spike-only areas.
Healthcare providers also needed to know about available over-the-counter medicines and their licensed indications and doses.
Centre sues FDA for denying women over-the-counter access to emergency contraception: FDA internal memo suggests agency did not follow regulations.
According to a position statement by the North American Menopause Society in the March/April 2003 journal Menopause, progesterone cream or gel preparations available by prescription or over-the-counter may not protect the uterine lining from the effects of unopposed estrogen.
However revenue ruling 2003-102 also allows for the reimbursement and exclusion from income of amounts employees spend on over-the-counter medications such as cold medicines, pregnancy test kits or antacids not reimbursed by insurance or otherwise.