店てん頭とう株かぶ市いち場ば

noun

over-the-counter market; OTC market

A financial market where stocks are traded directly between parties, not through a centralized exchange. In Japan, this term historically referred to the JASDAQ market before its integration into the Tokyo Stock Exchange.

• 店てん頭とう株かぶ市いち場ばで取とり引ひきされる銘めい柄がらは、上じょう場じょう企き業ぎょうに比くらべて流りゅう動どう性せいが低ひくいことが多おおい。

  Stocks traded on the over-the-counter market often have lower liquidity compared to listed companies.

• かつての店てん頭とう株かぶ市いち場ばは、現げん在ざいの東とう証しょうスタンダード市し場じょうに統とう合ごうされた。

  The former over-the-counter market has been integrated into the current Tokyo Stock Exchange Standard Market.