noun
over-the-counter stock
Financial term for stocks traded outside formal exchanges, such as on the JASDAQ or other OTC markets.
店頭株は取引所を通さずに売買される。
Over-the-counter stocks are bought and sold without going through an exchange.
上場株 refers to listed stocks traded on a formal exchange, while 店頭株 refers to unlisted, over-the-counter stocks.
Compound of 店頭 (over-the-counter) and 株 (stock).