Definitions for over-the-counter
Random House Webster's College Dictionary
o′ver-the-count′er(adj.)
not listed on or transacted through an organized securities exchange:
over-the-counter stocks.
Category: Business
sold legally without a prescription:
over-the-counter drugs.
Category: Pharmacology
Origin of over-the-counter:
1920–25
Princeton's WordNet
nonprescription(a), over-the-counter(a)(adj)
purchasable without a doctor's prescription
"nonprescription drugs"; "an over-the-counter cold remedy"
over-the-counter, otc(adj)
(of securities) not traded on a stock exchange
"over-the-counter stocks"
Kernerman English Learner's Dictionary
over-the-counter(adjective)ˌoʊ vərˈslip
(of medication) that can be bought without a prescription from a doctor
over-the-counter cough medicine
Wiktionary
over-the-counter(Adjective)
Legal for sale or distribution without the requirement of a prescription (of medicine and other treatments); abbreviated as OTC.
over-the-counter(Adjective)
Direct interaction between two parties without an intermediary. Thus, any market where items such as stocks or currency are bought and sold at a distance, rather than on the exchange.
Origin: over + the + counter
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