Definition, Meaning & Synonyms
over-the-counter
adjective
/ˌoʊ.vər.ðəˈkaʊn.tər/
Definition
Referring to medication or financial transactions that can be purchased without a prescription or broker.
Examples
- You can buy aspirin over-the-counter at any pharmacy.
- The over-the-counter market allows investors to trade securities without a formal exchange.
Meaning
Over-the-counter (OTC) products are available for sale directly to the consumer without needing a licensed professional’s approval or intervention.
Synonyms
- non-prescription
- self-medication
- direct sale
