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Over the counter

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over the counter

–noun
1. not transacted through an organized securities exchange; directly to the buyer or from the seller: He sold his stocks over the counter.
2. Pharmacology. without a doctor's prescription but within the law.

Origin:
1870–75

o⋅ver-the-count⋅er

[oh-ver-thuh-koun-ter]
–adjective
1. unlisted on or not part of an organized securities exchange: over-the-counter stocks; the over-the-counter market. Abbreviation: OTC
2. Pharmacology. sold legally without a doctor's prescription: over-the-counter drugs. Abbreviation: OTC

Origin:
1920–25

count⋅er

1[koun-ter]
–noun
1. a table or display case on which goods can be shown, business transacted, etc.
2. (in restaurants, luncheonettes, etc.) a long, narrow table with stools or chairs along one side for the patrons, behind which refreshments or meals are prepared and served.
3. a surface for the preparation of food in a kitchen, esp. on a low cabinet.
4. anything used in keeping account, as a disk of metal or wood, used in some games, as checkers, for marking a player's position or for keeping score.
5. an imitation coin or token.
6. a coin; money.
7. over the counter,
a. (of the sale of stock) through a broker's office rather than through the stock exchange.
b. (of the sale of merchandise) through a retail store rather than through a wholesaler.
8. under the counter, in a clandestine manner, esp. illegally: books sold under the counter.

Origin:
1300–50; ME countour < AF (OF comptoir) < ML computātorium place for computing, equiv. to L computā(re) to compute + -tōrium -tory 2 ; cf. count 1
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To Over the counter
count·er 2   (koun'tər)   
n.  
  1. A flat surface on which money is counted, business is transacted, or food is prepared or served.

  2. Games A piece, as of wood or ivory, used for keeping a count or a place.

    1. An imitation coin; a token.

    2. A piece of money.


[Middle English countour, from Anglo-Norman counteour, from Medieval Latin computātōrium, countinghouse, from Latin computāre, to calculate; see count1.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

counter  (n.)
1345, "table where a money lender does business," from O.Fr. contouer "counting room, table of a bank," from M.L. computatorium "place of accounts," from L. computare (see compute). Generalized 19c. from banks to shops, then extended to display cases for goods. Phrase under the counter is from 1926.
Online Etymology Dictionary, © 2001 Douglas Harper
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Legal Dictionary

Main Entry: over–the–count·er
Function: adjective
1 : not traded or effected on an organized securities exchange <over–the–counter transactions> <over–the–counter securities>
2 : sold lawfully without a prescription <over–the–counter drugs>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Medical Dictionary

Main Entry: 2counter
Function: noun
: one that counts; especially : a device for indicating a number or amount —see GEIGER COUNTER

Main Entry: over–the–count·er
Function: adjective
: sold lawfully without prescription over–the–counter painkiller>
Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc.
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Medical Dictionary

counter count·er (koun'tər)
n.
One that counts, especially an electronic or mechanical device that automatically counts occurrences or repetitions of phenomena or events.

over-the-counter o·ver-the-count·er (ō'vər-&phonth;ə-koun'tər)
adj.
Abbr. OTC
That can be sold legally without a doctor's prescription.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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