Over The Counter (noun) Definition, Meaning & Examples

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adverb
  1. not transacted through an organized securities exchange; directly to the buyer or from the seller: He sold his stocks over the counter.
  2. without a doctor's prescription but within the law.
adjective
  1. unlisted on or not part of an organized securities exchange: over-the-counter stocks; the over-the-counter market.Abbreviation: OTC
  2. sold legally without a doctor's prescription: over-the-counter drugs.Abbreviation: OTC
adjective
    • (of securities) not listed or quoted on a stock exchange
    • (of a security market) dealing in such securities
    • (of security transactions) conducted through a broker's office directly between purchaser and seller and not on a stock exchange
  2. (of medicinal drugs) able to be sold without a prescription
Over The Counter (noun) Definition, Meaning & Examples

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