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When an item is posted "over the counter" to the US, it typically refers to a transaction where a security or financial instrument is traded directly between two parties rather than through a centralized exchange. This can include stocks, bonds, or other financial products that are not listed on formal exchanges. The term can also apply to the sale of goods or medications that do not require a prescription, indicating they can be obtained without special authorization. In both contexts, "over the counter" suggests a more informal or direct method of transaction.

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2mo ago

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