FindLaw Legal Dictionary
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term:
Over-The-Counter
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over-the-counter adj
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1 : not traded or effected on an organized securities exchange [ transactions] [ securities]
2 : sold lawfully without a prescription [ drugs]
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.