What does OTC mean?

OTC stands for Over-The-Counter in finance. It refers to the trading of financial instruments such as stocks, bonds, and commodities directly between two parties, outside of a regulated exchange. OTC trading is typically conducted through a dealer network rather than on a centralized exchange. This type of trading allows for more flexibility and customization in transactions, but it also carries higher counterparty risk and less transparency compared to exchange-traded transactions. OTC markets are commonly used for trading less liquid or non-standardized financial products, and they are often associated with higher levels of risk and complexity.

What does the real economy mean? What does the real economy mean?

The real economy in finance refers to the actual production and consumption of goods and services in an economy , as opposed to the financial sector or

What does money order mean? What does money order mean?

A money order is a financial instrument that is similar to a check, but is guaranteed by a third party such as a bank or money order company.