Over-the-counter (OTC) - Financial definition
Translations: FR de gré à gré (loc.) , gré à gré (loc.) ES sobre el mostrador (loc.) DE ausserbörslich (adj.) , direkt gehandelt (loc.)
Concise definition of the term over-the-counter
A financial transaction is qualified as over-the-counter trade if its terms are negotiated directly between the counterparties, without the supervision of an exchange.
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