What does Over-The-Counter mean?

Definitions for Over-The-Counter
over-the-counter

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Over-The-Counter.

Princeton's WordNet

  1. nonprescription(a), over-the-counter(a)adjective

    purchasable without a doctor's prescription

    "nonprescription drugs"; "an over-the-counter cold remedy"

  2. over-the-counter, otcadjective

    (of securities) not traded on a stock exchange

    "over-the-counter stocks"

Wiktionary

  1. over-the-counteradjective

    Legal for sale or distribution without the requirement of a prescription (of medicine and other treatments); abbreviated as OTC.

  2. over-the-counteradjective

    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.

  3. Etymology: over + the + counter

ChatGPT

  1. over-the-counter

    Over-the-counter, often abbreviated as OTC, can refer to: 1. A type of transaction that occurs directly between two parties, without the supervision of a regulated exchange. This can involve securities, derivatives, or commodities trading. 2. Medications or products that can be bought without a prescription in pharmacies or drug stores. These items are deemed safe for self-use with limited supervision from a healthcare professional. Context generally determined which definition is being used.

Wikidata

  1. Over-the-counter

    Over-the-counter or off-exchange trading is done directly between two parties, without any supervision of an exchange. It is contrasted with exchange trading, which occurs via these facilities. An exchange has the benefit of facilitating liquidity, mitigates all credit risk concerning the default of one party in the transaction, provides transparency, and maintains the current market price. In an OTC trade, the price is not necessarily made public information. OTC trading, as well as exchange trading, occurs with commodities, financial instruments, and derivatives of such. Products traded on the exchange must be well standardized. This means that exchanged deliverables match a narrow range of quantity, quality, and identity which is defined by the exchange and identical to all transactions of that product. This is necessary for there to be transparency in trading. The OTC market does not have this limitation. They may agree on an unusual quantity, for example. In OTC market contracts are bilateral, each party could have credit risk concerns with respect to the other party. OTC derivative market is significant in some asset classes: interest rate, foreign exchange, equities, and commodities.

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Numerology

  1. Chaldean Numerology

    The numerical value of Over-The-Counter in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of Over-The-Counter in Pythagorean Numerology is: 9

Examples of Over-The-Counter in a Sentence

  1. Linda Bauld:

    Nicotine withdrawal is a very unpleasant process, the vast number of people using e-cigarettes are using them to stop smoking; [they're] about 60% more effective than going cold turkey or buying nicotine replacement therapy over the counter.

  2. Eric Adams:

    You're not going to walk into Duane Reade and take whatever you want and walk out, you're not going to hop over the counter and take codeine and other drugs... You're not going to drive motorcycles through the streets, pulling people out and assaulting them merely because of a traffic accident. You're not going to openly inject yourself with drugs. You're not going to just do whatever you want in the city.

  3. Madeline Bernstein:

    You wouldn't immediately jump over the counter and scream, 'Liar,' to think that we would just not look into it is a bit naive.

  4. Rachel Bishop:

    For people who aren't eager to have a medical appointment, the first thing is to try on some low-strength, over-the-counter reading glasses. Hold up something to read and pick the lowest number Rachel Bishop can comfortably read at the distance Rachel Bishop like to work.

  5. David Whelan:

    Paul has been able to speak to our parents by phone, paul is sick - he's indicated he has a 102F temperature and that prisoners are sharing around any over-the-counter medications they can spare. Paul also said he was receiving antibiotics, although if he has the cold virus he thinks he has, it's not clear why the prison medical staff would prescribe them.


Translations for Over-The-Counter

From our Multilingual Translation Dictionary

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"Over-The-Counter." Definitions.net. STANDS4 LLC, 2024. Web. 29 May 2024. <https://www.definitions.net/definition/Over-The-Counter>.

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