Over the counter
Counter Coun"ter, n. [OE. countour, OF. contouer, comptouer, F. comptoir, LL. computatorium, prop., a computing place, place of accounts, fr. L. computare. See {Count}, v. t.] A table or board on which money is counted and over which business is transacted; a long, narrow table or bench, on which goods are laid for examination by purchasers, or on which they are weighed or measured. [1913 Webster]

{Over the counter} (a) (Stock Exchanges), in an office; -- said of business so done, as distinguished from that done at an exchange. [Cant] (a) without a prescription; needing no prescription; -- said of medicines that can be legally bought without a physician's prescription. [Webster 1913 Suppl.]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • over-the-counter — ( OTC) Purchases and sales of financial instruments that do not take place in organized exchanges such as the New York Stock Exchange or the Chicago Board of Trade are termed over the counter. The phrase may be used as a noun to describe capital… …   Financial and business terms

  • over the counter — ( OTC) Purchases and sales of financial instruments that do not take place in organized exchanges such as the New York Stock Exchange or the Chicago Board of Trade are termed over the counter. The phrase may be used as a noun to describe capital… …   Financial and business terms

  • over–the–counter — over–the–count·er adj 1: not traded or effected on an organized securities exchange over–the–counter transactions over–the–counter securities 2: sold lawfully without a prescription over–the–counter drugs Merriam Webster’s Dictionary of Law …   Law dictionary

  • over-the-counter — if a type of medicine is available over the counter, you can buy it without the permission of a doctor. Many over the counter painkillers contain paracetamol. (always before noun) …   New idioms dictionary

  • over-the-counter — adj. 1. able to be sold legally without a doctor s prescription; of medicinal drugs. Contrasted with {prescription}. [prenominal] Syn: nonprescription(prenominal). [WordNet 1.5] 2. (Finance) not quoted on a stock exchange; sold only through… …   The Collaborative International Dictionary of English

  • Over-the-counter — Over the counter, also known as OTC, may refer to: *Over the counter drug medicine that may be sold without a prescription and without a visit to a medical professional, in contrast to prescription drugs. *Over the counter (finance), financial… …   Wikipedia

  • over-the-counter — adj [only before noun] 1.) over the counter drugs can be obtained without a ↑prescription (=a written order) from a doctor 2.) AmE OTC over the counter business shares are ones that do not appear on an official ↑stock exchange list …   Dictionary of contemporary English

  • over-the-counter — adj sold lawfully without prescription <an over the counter painkiller> …   Medical dictionary

  • over-the-counter — adjective, adverb over the counter medicine can be bought from a store without a PRESCRIPTION from a doctor …   Usage of the words and phrases in modern English

  • over-the-counter — (OTC) Not traded on an exchange. The OTC market for derivatives or other investments is created outside organised exchanges, by parties (such as companies, banks and dealers) entering into contracts directly with each other. This enables the… …   Law dictionary

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