|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|
over-the-counter o·ver-the-count·er (ō'vər-ðə-koun'tər)
That can be sold legally without a doctor's prescription.