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over-the-counter

[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

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
over-the-counter
 
adj
1.  a.  (of securities) not listed or quoted on a stock exchange
 b.  (of a security market) dealing in such securities
 c.  (of security transactions) conducted through a broker's office directly between purchaser and seller and not on a stock exchange
2.  Compare POM OTC (of medicinal drugs) able to be sold without a prescription

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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American Heritage
Medical Dictionary

over-the-counter o·ver-the-count·er (ō'vər-ðə-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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Example sentences
Some may be bought over the counter, without a prescription.
Within a decade, some say, continuous alertness could be available over the counter.
It's an over the counter eczema treatment that's steroid free.
The drug had been sold legally over the counter at stores and online.
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