Definitions of "over-the-counter"
  1. A transaction that is not conducted or executed on a structured securities platform or exchange
  2. Products or services that can be legally sold without needing a prescription from a medical professional
How to use "over-the-counter" in a sentence
  1. Over-the-counter trading allows traders to execute transactions directly between two parties, without the need for an exchange.
  2. Over-the-counter medications like pain relievers and cold medicine can be bought without a prescription.
  3. Over-the-counter derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary.

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