English version

over-the-counter stock

From Longman Business Dictionary
Related topics: Computers
over-the-counter stockˌover-the-ˈcounter ˌstock abbreviation OTC stock [countable, uncountable]FINANCE stock in a newer or smaller company that is not bought and sold through dealers on the main stockmarket but on a computer-based market such as NASDAQIn the Nasdaq trading system, traders buy and sell over-the-counter stocks on electronic screens. stock
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