over-the-counter
/'ouvəðə'kauntə/
Definition
- Adjective:
- Relating to medicines that can be sold legally without a doctor's prescription: Describes drugs or treatments that are considered safe and effective for use by the general public without direct medical supervision.
- Relating to financial securities traded directly between two parties, not on a formal, centralized exchange: Describes stocks, bonds, or other financial instruments that are traded through a dealer network rather than on a major, organized stock exchange.
Usage Examples
- Adjective (Medical):
- Aspirin is a common over-the-counter pain reliever.
- You can buy an over-the-counter remedy for your cough at the pharmacy.
- Adjective (Financial):
- The company's shares are traded over-the-counter, so they are not listed on the NASDAQ.
- He invested in some over-the-counter stocks that are not available on the main exchange.
Advanced Usage
- "over-the-counter market": the decentralized market for trading securities that are not listed on formal exchanges.
- Many small companies begin trading on the over-the-counter market.
- "over-the-counter transaction": a financial trade executed directly between two parties without exchange supervision.
- The large block of shares was sold in an over-the-counter transaction.
Variants and Related Words
- OTC (Abbreviation): The common abbreviation for "over-the-counter," used in both medical and financial contexts.
- Ask your pharmacist about OTC options for allergy relief.
- The stock is quoted on the OTC bulletin board.
Synonyms
- Nonprescription (Medical): Available for purchase without a doctor's order.
- Unlisted (Financial): Not listed on a formal stock exchange.
Antonyms
- Prescription (Medical): Available only with a written order from a doctor.
- Listed (Financial): Traded on a formal, centralized stock exchange.
Related Phrases
- Over-the-counter trading: The act of buying and selling securities in the OTC market.
- Over-the-counter trading can involve more risk due to less regulation.
- Over-the-counter sale: The direct sale of a product, especially medicine, without the need for a prescription.
- The law changed to allow the over-the-counter sale of that medication.
Adjective
-
(of securities) not traded on a stock exchange
-
over-the-counter stocks
-
-
purchasable without a doctor's prescription
-
nonprescription drugs
-
an over-the-counter cold remedy
-
Khám phá thêm
Các từ liên quan
Từ đồng nghĩa
Từ trái nghĩa
Từ tương tự
Từ chứa "over-the-counter"
