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over the counter security

Definitions of over the counter security
  1. noun
    a security traded in the over-the-counter market
    see moresee less
    types:
    OTC stock, over the counter stock, unlisted stock
    stock that is not listed and traded on an organized exchange
    penny stock
    a stock selling for less that $1/share
    type of:
    certificate, security
    a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends
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