Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “over-the-counter”

See all translations

over-the-counter

adjective
 
 
/ˌəʊvəðəˈkaʊntər/ ( abbreviation OTC)
FINANCE, STOCK MARKET used to describe shares that are bought and sold directly using a computer system, rather than on a stock market: over-the-counter shares/securities/options Brokers can use the system to look up prices or enter quotes for over-the-counter securities. Over-the-counter trading of Malaysian issues continued to be active.
COMMERCE available to buy from a store without a prescription (= written instruction from a doctor): over-the-counter drug/medicine/product Strong sales of prescription and over-the-counter drugs helped boost the company's profits.
(Definition of over-the-counter from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of over-the-counter?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “over-the-counter”

Definitions of “over-the-counter” in other dictionaries

Word of the Day

derivative

If something is derivative, it is not the result of new ideas, but has been developed from or copies something else.

Word of the Day

Euphemisms (Words used to Avoid Offending People)

by Kate Woodford,
March 04, 2015
​​​ We recently looked at the language that we use to describe lies and lying. One area of lying that we considered was ‘being slightly dishonest, or not speaking the complete truth’. One reason for not speaking the complete truth is to avoid saying something that might upset or offend people. Words and

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More