noun
over-the-counter transaction; OTC transaction
Finance term for a transaction conducted directly between two parties without going through a formal exchange.
この株式は店頭取引で売買されている。
This stock is traded over the counter.
Exchange-traded transaction, as opposed to over-the-counter.
Compound of 店頭 (storefront/counter) and 取引 (transaction), referring to deals made at the counter rather than through a formal exchange.