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English definition of “over-the-counter”

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over-the-counter

adjective uk   /ˌəʊ.və.ðəˈkaʊn.tər/ us    /ˌoʊ.vɚ.ðəˈkaʊn.tɚ/

over-the-counter adjective (MEDICINE)

An over-the-counter drug is bought from a shop without visiting a doctor first: an over-the-counter medicine

over-the-counter adjective (SHARES)

used to describe shares that are traded directly between dealers (= people and organizations that buy and sell for others), rather than on a stock market: Brokers can use the system to look up prices or enter quotes for over-the-counter securities.
over the counter
adverb uk   us  
You can buy most cold remedies over the counter.
(Definition of over-the-counter adjective from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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