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over the counter security

DEFINITIONS OF: over the counter security

1

n a security traded in the over-the-counter market

Synonyms:
OTC security, unlisted security
Antonyms:
listed security
a security that has been accepted for trading by one of the organized and registered securities exchanges in the US
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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