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Over the Counter Option |
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Over the Counter OptionAn option traded off-exchange, as opposed to a listed stock option. The OTC option has a direct link between buyer and seller, has no secondary market, and has no standardization of striking prices and expiration dates. See also Secondary Market.Over the Counter Option Similar MatchesReceive floating counterpartyReceive floating counterpartyThe transaction in an interest rate swap who receives payments based on the floating rate and makes payments based on the fixed rate. Counterparty riskCounterparty riskThe risk that the other party to an agreement will default. In an options contract, the risk to the option buyer that the option writer will not buy or sell the underlying as agreed. Countervailing dutyCountervailing dutyA tariff levied against imports that are subsidized by the exporting country's government, designed to offset (countervail) the effect of the subsidy. Counterpart itemsCounterpart itemsIn the balance of payments, counterpart items are analogous to unrequited transfers in the current account. They arise through the double-entry system in balance of payments accounting and refer to adjustments in reserves owing to monetization or demonetization of gold, allocation or cancellation of SDRs, and revaluation of the various components of total reserves. CountertradeCountertradeTrade in which part or all of payment is made in goods or services. See barter. Further SuggestionsCounter chequeCounterpurchase Hit counter Counterparty Counter trade Counterparties Countercyclical stocks over the counter the counter (OTC) Receive fixed counterparty |
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