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English definition of “over-the-counter market”

over-the-counter market

noun [S]    
FINANCE, STOCK MARKET a market in which shares are bought and sold directly on a computer system rather than through a stock market: Players in the over-the-counter market can negotiate the sale or purchase of custom options for any amount of money and any time frame.
(Definition of over-the-counter market noun from the Cambridge Business English Dictionary © Cambridge University Press)
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