Over-the-counter (OTC)
An Over-the-counter (OTC) market is one in which market participants directly trade among themselves without needing an intermediary such as a central exchange or a broker. There is no centralized system in Over-the-counter markets, and transactions between parties occur directly.
Discover more terms
Income statement
Security
The Federal Reserve Explained: Your Guide to America's Central Bank
What is an annuity?
What is a bear market?
Ponzi scheme
