What is 'Over-The-Counter (OTC)'? Definition & meaning

More terms

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Account balance

The amount of money a user has stored in a financial repository.

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

SPAC

Find our what a SPAc or special purpose acquisition company is.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

Over-The-Counter (OTC)