Over-the-counter market
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
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
