over-the-counter market


over-the-counter market
OTC market A market for *securities that are not listed on a stock exchange. The term dates from the nineteenth century, when securities of this type were traded in banks and physically handed to investors across bank counters.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • over-the-counter market — n. A securities market of dealers who buy and sell securities that are not listed in a securities exchange, done primarily over the telephone or online. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney… …   Law dictionary

  • Over-the-Counter-Market — Over the Coun|ter Mar|ket [ ouvəȓə kauntə mɑ:kit] der; [s] <aus engl. amerik. over the counter market »Freiverkehrsmarkt«, eigtl. »Markt über den Ladentisch«>: a) in den USA der sich über den Telefonverkehr zwischen den Banken vollziehende… …   Das große Fremdwörterbuch

  • over-the-counter market — Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. Schedules of fees for buying and selling securities are not… …   Universalium

  • over-the-counter market — A market where products such as stocks, foreign currencies, and other cash items are bought and sold by telephone and other means of communications. Chicago Board of Trade glossary * * * over the counter market over the counter market ➔ market1 * …   Financial and business terms

  • over-the-counter market — Refers to the broad securities market consisting of brokers who purchase or sell securities by computer hook up or telephone rather than through the facilities of a securities exchange. At one time completely unorganized, the over the counter… …   Black's law dictionary

  • Over-the-Counter-Market — Over the Coun|ter Mar|ket 〈[oʊvə(r)ðəkaʊntə(r)ma:kıt] m. 6; Wirtsch.; Abk.: OTC〉 1. 〈in Großbritannien〉 Handel von Wertpapieren u. Aktien am Bankschalter 2. 〈in den USA〉 telefonischer Wertpapieran u. verkauf von nicht offen gehandelten Werten zw …   Universal-Lexikon

  • Over-the-Counter-Market — Over the Coun|ter Mar|ket 〈[oʊvə(r) ðə kaʊntə(r) ma:kıt] m.; Gen.: s; Pl.: unz.; Abk.: OTC; Wirtsch.〉 1. 〈Großbritannien〉 Handel von Wertpapieren u. Aktien am Bankschalter 2. 〈USA〉 telefonischer Wertpapieran u. verkauf von nicht offen gehandelten …   Lexikalische Deutsches Wörterbuch

  • Over-The-Counter Market — A decentralized market of securities not listed on an exchange where market participants trade over the telephone, facsimile or electronic network instead of a physical trading floor. There is no central exchange or meeting place for this market …   Investment dictionary

  • over-the-counter market — OTC market A market in which financial obligations are bought and sold outside the jurisdiction of a recognized financial market; they were originally so named in the 1870s, from the practice of buying shares over bank counters in the USA. OTC… …   Accounting dictionary

  • over-the-counter market — OTC market A market in which financial obligations are bought and sold outside the jurisdiction of a recognized financial market; it was originally so named in the 1870s, from the practice of buying shares over bank counters in the USA. OTC… …   Big dictionary of business and management

  • over-the-counter market — Synonyms and related words: American Stock Exchange, Amex, Wall Street, board, bourse, commodity exchange, corn pit, curb, curb exchange, curb market, exchange, exchange floor, outside market, pit, quotation board, stock exchange, stock market,… …   Moby Thesaurus