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 ?
Health plans could thus focus on the more significant cost impact of converting over-the-counter NSAIDs to prescription cox-2 inhibitors, and offer them as a covered pharmacy benefit, instead of an out-of-pocket expense.
The authors of the study found that the over-the-counter medication generally wasn't any better than the placebo in reducing symptoms of runny nose, nasal congestion, or cough.
Many people don't realize that this applies to prescription and over-the-counter medicine just as much as any other drug.
In addition to the products listed in Table 1, exchange-traded futures and exchange-traded options (by underlying asset Class), other over-the-counter foreign exchange derivatives, and other over-the-counter interest rate derivatives were included.
During the expired drug investigation, the attorney general's office found over-the-counter drugs that were "months beyond their expiration dates" at the stores.
Sanofi will lead the clinical programme and fund any studies necessary for the switch to over-the-counter in the US and has an exclusive rights to do so.
Surhonoziqovqatsanoati JSC accounted for 83.26 percent of the total turnover of the over-the-counter market with the amount of 2.6 billion soums.
The over-the-counter facility is usually tapped when the BTr decides to sell more securities to meet excess demand.
According to Emefiele, the CBN Examiners will continue to do on-the-spot assessments at banks to find out and be sure that people who are travelling get attended to Over-the-Counter.
Trump also announced today plans for the Food and Drug Administration (FDA) to speed up the approval process for over-the-counter medicines so that patients can get more medicines without a doctors prescription, a proposal that is in line with legislation Isakson has introduced in the Senate to improve the way over-the-counter drugs are brought to market.
The Affordable Care Act eliminated over-the-counter drugs as a qualified medical expense starting in 2011.