What is another word for over the counter security?
Pronunciation: [ˌə͡ʊvə ðə kˈa͡ʊntə sɪkjˈʊ͡əɹɪti] (IPA) 
The term 'Over the counter security' refers to the types of securities that are traded through a network of dealers and brokers, rather than through formal exchanges. Common examples of such securities include stocks, bonds and derivatives. However, there are numerous synonyms for this term, which are often used interchangeably. These include non-exchange traded securities, OTC securities, off-exchange securities, unlisted securities, and informal securities. While all these terms essentially refer to the same category of securities, they may differ in subtle ways in terms of their specific legal or regulatory requirements, trading practices, and market conventions. Overall, investors must be careful when investing in over the counter securities, as they are typically not subject to the same level of scrutiny or regulation as exchange-traded securities.
