Meaning OVER-THE-COUNTER (OTC): A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. The NASDAQ market is an OTC market for U.S. stocks. Antithesis of listed
More terms such as Over-the-counter (OTC) in Dictionary O.
- Definition Originator:
- Examples loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering from the beginning and is over-the-counter (otc) definition.
- Definition Overlay Strategy:
- Examples A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers over-the-counter (otc) explain.
- Definition OM Stockholm AB:
- Examples The derivatives market of Sweden, trading a wide variety of interest rate and bond futures. The exchange trades futures and options on the OMX equity index over-the-counter (otc) what is.
- Definition Outstanding Shares:
- Examples Shares that are currently owned by investors over-the-counter (otc) meaning.
- Definition Offer Wanted:
- Examples of general equities. Notice by a potential buyer of a security that he or she is looking for supply from a potential seller of the security, often requiring a capital commitment. Antithesis of bid over-the-counter (otc) abbreviation.
