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LSDefine

Simple English definitions for legal terms

over-the-counter

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A quick definition of over-the-counter:

Over-the-counter means that something is not listed or traded on an organized securities exchange. Instead, it is traded directly between brokers and dealers who negotiate with each other. This term is often used to describe stocks that are not publicly traded on major stock exchanges.

A more thorough explanation:

Definition: Over-the-counter (OTC) refers to financial securities that are not listed or traded on an organized exchange. Instead, they are traded directly between brokers and dealers who negotiate the terms of the transaction.

Example: Over-the-counter stocks are a common example of OTC securities. These stocks are not listed on major exchanges like the New York Stock Exchange or NASDAQ, but are instead traded directly between buyers and sellers through a network of dealers and brokers.

Explanation: When a security is traded over-the-counter, it means that it is not subject to the same regulations and reporting requirements as securities that are listed on major exchanges. This can make OTC securities riskier for investors, as there is less transparency and oversight. However, OTC trading can also offer more flexibility and customization in terms of the terms of the transaction.

overt | over-the-counter market

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18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
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