over the counter security
ریشه و کاربرد
ریشه
The word 'over' means 'without' or 'beyond', 'the counter' refers to the area where goods are sold in a store, and 'security' refers to a financial instrument representing ownership or debt. The term originated in the early 20th century.
مثال
- Over the counter securities include stocks, bonds, and other financial instruments.
- Many small companies choose to issue over the counter securities instead of going public on a major stock exchange.
- Investors can trade over the counter securities through broker-dealers or electronic trading platforms.
تعریف انگلیسی
noun
- a security traded in the over-the-counter market