Definitions for Over-the-counter
over-the-counter

Princeton's WordNetRate this definition:0.0 / 0 votes

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"

WiktionaryRate this definition:0.0 / 0 votes

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

ChatGPTRate this definition:0.0 / 0 votes

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.

WikidataRate this definition:0.0 / 0 votes

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.

Matched Categories

1. • Medicine

How to pronounce Over-the-counter?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Over-the-counter in sign language?

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. John Clements:

   If prescribed by an eye care professional and used as directed, most of these lenses are relatively harmless, the most devastating damage occurs when someone gets these lenses over-the-counter for cosmetic use and abuses the lens. This behavior can lead to severe eye infections that may cause blindness.

2. Kevin Burke:

   They both admitted that they had decided to switch to over-the-counter insulin.

3. 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.

4. Penelope Good:

   Business is booming, it's surprising how savvy the parents are, with the Internet and everything, they know that the over-the-counter stuff is not going to work.

5. Beth Chapman:

   She takes over-the-counter pain meds. She will not take anything prescription. i'm a fighter, I'm a strong fighter -- big-time survivor -- and I'm gonna fight this as vigorously as it's fighting me.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Over-the-counter
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Over-the-Counter
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Over-the-counter