OTC typically refers to Over-The-Counter, which describes products that can be sold without a prescription from a doctor. This is commonly used for medicines like pain relievers (e.g., ibuprofen, acetaminophen), allergy medications (e.g., antihistamines), and cold remedies. OTC also sometimes refers to Over-The-Counter trading, which involves securities transactions conducted directly between two parties, outside of a formal exchange.
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