over-the-counter


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Related to over-the-counter: Over-the-counter drugs

over-the-counter,

method of buying and selling securities outside the organized stock exchange. Unlike an organized stock exchangestock exchange,
organized market for the trading of stocks and bonds (see bond; stock). Such markets were originally open to all, but at present only members of the owning association may buy and sell directly.
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, the over-the-counter market is composed of dealers who negotiate most transactions by telephone and computer. For the most part, dealers purchase stocks for their own account and sell them to customers at a markup over wholesale prices. Over-the-counter trading represents the single largest securities market in the United States today; it includes almost all U.S. government securities and municipal and corporate bonds, as well as most commercial bank and insurance company stocks. Today, most over-the-counter dealing in the United States is done through an extensive computer network, called the National Association of Securities Dealers Automated Quotations (NASDAQ). In recent years, a number of companies that would be eligible for listing on the New York Stock Exchange have opted to remain in the over-the-counter market. In 1998, NASDAQ trading totalled $5.8 trillion, making it the second largest securities market in the world.
References in periodicals archive ?
Table: South Africa Over-The-Counter (OTC) Medicine Market Indicators, Historical Data And Forecasts 30
Just because over-the-counter medicines are within a child's reach at the drugstore doesn't mean they can be within their reach at home.
Despite any of the negative effects such access might have on STD incidences, the beneficial influence over-the-counter access would have on teen pregnancy rates far outweighs these concerns.
The HMO filed an unprecedented "citizen's petition" with the FDA to force the drug into over-the-counter status, in a move that could have saved the health care system $2 billion.
Lyons said the partnership is a milestone in Marion Merrell Dow's long-term strategies of optimizing its major products and pursuing prescription to over-the-counter opportunities.
Some of them can get so ill from taking over-the-counter medicines, they end up in the hospital.
Its Whitehall and Robins consumer divisions are marketers of leading over-the-counter medicines including Advil, Anacin, Robitussin, Dimetapp, Dristan, Primatene, and Preparation H.
Barry Goldsmith, executive vice president of NASD Regulation, recently testified at a Senate subcommittee hearing that ``contrary to a popular misconception, often perpetuated by unscrupulous operators, the over-the-counter market is not Nasdaq.
Acid + All(TM) is changing the over-the-counter pharmaceutical category by offering a highly effective pharmaceutical product within an attractive packaging.
Alternative healing methods are surging in popularity as prescription and over-the-counter remedies fall out of favor among some physicians and patients.
P&G joins the roster of global 2000 companies that are selecting Enginuity to optimize product development in FDA regulated industries such as cosmetics, over-the-counter (OTC) drugs and consumer packaged goods (CPG).
Americans no longer will have to pull out a magnifying glass and a dictionary to pick the best drugstore remedy, the government said Wednesday as it announced simpler labels for over-the-counter medicines.