Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “over-the-counter”

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 adjective from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of over-the-counter

Browse related topics

You are looking at an entry to do with Specific types of drug, but you might be interested in these topics from the Drugs topic area:

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

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

Word of the Day

work out

to exercise in order to improve the strength or appearance of your body

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More