(ō′vər t̸hə ko̵unt′ər)
- designating or of securities sold by traders directly to buyers rather than on the floor of a stock exchange
- Pharmacy sold legally without prescription, as some drugs
See over-the-counter in American Heritage Dictionary 4
adjective Abbr. OTC
- Not listed or available on an officially recognized stock exchange but traded in direct negotiation between buyers and sellers: over-the-counter stocks.
- That can be sold legally without a doctor's prescription: over-the-counter drugs.
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