Over-the-counter market

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Over-the-counter market (OTC market). A large collection of brokers and dealers, connected electronically by telephones and computers, that provides for trading in unlisted securities.


Definitions

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Over-the-counter market (OTC market). A large collection of brokers and dealers, connected electronically by telephones and computers, that provides for trading in unlisted securities.

Related concepts

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