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over-the-counter market

 

Definitions from WordNet

Noun over-the-counter market has 1 sense
  1. over-the-counter market, OTC market - a stock exchange where securities transactions are made via telephone and computer rather than on the floor of an exchange
    --1 is a kind of stock exchange, stock market, securities market

Definitions from the Web

Term: Over-the-Counter Market


Definition:

The over-the-counter market refers to the decentralized financial market where trading of stocks, bonds, currencies, and other financial instruments takes place directly between parties, without the involvement of a centralized exchange.

Sample Sentences:

  • The over-the-counter market allows investors to trade securities without the need for a formal exchange.
  • In the over-the-counter market, buyers and sellers negotiate directly to finalize transactions.
  • Many small and medium-sized companies raise capital by issuing shares in the over-the-counter market.

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