over-the-counter means: An exchange market is not a decentralized marketplace. Where geographically dispersed dealers can be linked via telephones or computers. Securities not listed are eligible for the market on a stock or derivatives exchange. (in Stock Market Dictionary)
What else does over-the-counter mean?
- Not available or listed on any officially recognized stock exchange, but can be traded directly between buyers and sellers. (in Merlin Dictionary)
- Legally sold without the need for a prescription from a physician. (in Merlin Dictionary)
