| 单词 | over-the-counter market |
| 释义 | over-the-counter market = OTC market A market in which financial obligations are bought and sold outside the jurisdiction of a recognized financial market; it was originally so named in the 1870s, from the practice of buying shares over bank counters in the USA. OTC markets are used for trading in specific tailor-made derivative products. The world's largest OTC market is the US National Association of Securities Dealers Automated Quotation System (NASDAQ). |
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