Home
E-Mail
Latest

Over The Counter (OTC) Financial Glossary

What is it? Purchases and sales of financial instruments that do not take place in organized exchanges such as the New York Stock Exchange or the Chicago Board of Trade are termed over the counter. The phrase may be used as a noun to describe capital markets other than organized exchanges. The phrase may also be used as an adjective to describe instruments not traded on an organized exchange, such as over-the-counter derivatives.

Finance Term Definition Added By: Anna

The Over The Counter (OTC) definition has been viewed 1676 Time(s)!




Send To Friends!

If you'd like to send the Over The Counter (OTC) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Over The Counter (OTC). If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Mortgagee is The party lending the money and receiving the mortgage. Some state treat the mortgagee as the legal owner, entitled to rents from the property. Other states treat the mortgagee as a secured creditor, the mortgagor being the owner. The latter is the more modern and accepted view.

Financial Term OvertheLimit Fee is A fee charged for exceeding the credit limit on a credit card.

Financial Term CREST is CREST is the Scientific and Technical Research Committee responsible for assisting the Community institutions in the field of scientific research and technological development.

Financial Term economic value of equity (EVE) is One measure of exposure to interest rate risk. The difference between the sum of the present values of all cash flows from assets and the sum of the present values of all cash flows from liabilities. This difference is a proxy or estimate used for capital when the sensitivity of capital to changes in prevailing interest rates is calculated. The rate risk exposure target focuses on the amount of change in the economic value of equity that might result from a change in prevailing interest rates. It is a long-term, economic target for measuring rate risk exposure. Previously known by the less-accurate name market value of portfolio equity or MVPE. Sometimes called net portfolio value (NPV).

Financial Term Rider is An amendment to an insurance policy that modifies the policy by expanding or restricting its benefits or excluding certain conditions from coverage.