|
|
Over the counter |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Over the counterA stock or share that is not traded on a listed exchange, but which is traded between dealers by telephone and computer. OTC stocks tend to be those of companies that do not meet the listing requirements of an exchange, although some companies that do meet the listing requirements choose to remain as OTC stocks. In the US, the rules for trading OTC stocks are enforced by the National Association of Securities Dealers (NASD).Similar MatchesCounterparty 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. CountertradeCountertradeTrade in which part or all of payment is made in goods or services. See barter. CounterpurchaseCounterpurchaseExchange of goods between two parties under two distinct contracts expressed in monetary terms. 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. The counter (OTC)The counter (OTC)A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. The NASDAQ market is an OTC market for US stocks. Antithesis of listed. Further SuggestionsHit counterCounter cheque Receive floating counterparty Counter trade Over the Counter Option Receive fixed counterparty Countercyclical stocks Countervailing duty Counterparties Counterparty |
|
|
|