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Simple English definitions for legal terms

over-the-counter market

Read a random definition: statutory invention registration

A quick definition of over-the-counter market:

An over-the-counter market is a place where people buy and sell things like stocks and bonds that are not traded on a big organized exchange. Instead, they usually talk on the phone or use computers to make deals. Some of the most popular stocks in this market are listed on a website called NASDAQ. We use the abbreviation OTC market to talk about this type of trading.

A more thorough explanation:

The over-the-counter market is a type of market where securities, such as stocks, bonds, and derivatives, are traded directly between buyers and sellers without being listed on an organized exchange. This means that the trading of these securities usually happens through telephone or computer negotiations.

One example of an over-the-counter market is the NASDAQ, which lists many of the more actively traded OTC stocks. These stocks are not traded on a traditional exchange like the New York Stock Exchange (NYSE), but rather through the NASDAQ's electronic trading system.

Another example of an over-the-counter market is the foreign exchange market, where currencies are traded between banks, financial institutions, and individual investors without being listed on a centralized exchange.

Overall, the over-the-counter market provides a way for buyers and sellers to trade securities that may not meet the requirements for listing on a traditional exchange, or for securities that are not actively traded enough to be listed on an exchange.

over-the-counter | overtime

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ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
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