Over-The-Counter - OTC A security traded in some context other - TopicsExpress

Over-The-Counter - OTC A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" can be used to refer to stocks that trade via a dealer network as opposed to on a centralized exchange. It also refers to debt securities and other financial instruments such as derivatives, which are traded through a dealer network. investopedia/terms/o/otc.asp

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