A claim made to offset another claim in a legal action. For example, ... Doctors and pharmacists often use abbreviations or terms that may not be familiar. What exactly is an over-the-counter (OTC) drug? Military OTC abbreviation meaning defined here. OTC: over-the-counter drug: OTD: out the door (discharged) OTPP: oriented to time, place, and person OTTR: Organ Transplant Tracking Record OU: both eyes (from Latin oculi uterque) OV: office visit (see ambulatory care) oz: ounce OTS Stands For: All acronyms (324) Airports & Locations (1) Business & Finance (9) … Describing a security or trade that does not occur on an exchange.Very often, the OTC market includes securities that are very small and do not trade on an exchange because they do not meet market capitalization requirements. Possible OTS meaning as an acronym, abbreviation, shorthand or slang term vary from category to category. In contrast, over-the-counter and behind-the-counter drugs can be obtained without a prescription. We know 324 definitions for OTS abbreviation or acronym in 7 categories. In very simple terms, a counterclaim is the opposite of a claim. OTC securities may theoretically be traded informally (one may stand on a street corner and sell his/her stocks), but the term usually refers to securities … This material is provided for educational purposes only and is not intended for medical advice, diagnosis or treatment. What does OTC stand for in Military? Data sources include IBM Watson Micromedex (updated 2 Feb 2021), Cerner Multum™ (updated 3 … Safe use is tied to your understanding of prescription abbreviations. Origin. Taking the wrong dose of arthritis medication or pain medication can have serious or even fatal consequences. Get the top OTC abbreviation related to Military. For OTS we have found 324 definitions. Noun. All these terms refer to medicine that you can buy without a prescription. For the average person with no medical background, they don't mean anything. Definition of Counterclaim. There are hundreds of OTC drugs at your local pharmacy. Verb. They are … Taking certain OTC medicines with your prescription drugs can be dangerous. The term "drug" is a legal one. ; What does OTS mean? A prescription drug requires a medical diagnosis and decision by a licensed healthcare professional as to which medicine is used, and is only intended for use by one person. Over-the-counter medicine is also known as OTC or nonprescription medicine. To assert a claim for relief against a party who has made an original claim. Many items you may think are cosmetics, dietary supplements, or medical devices, which have their own regulatory requirements, may also be classified as "drugs." over the counter: (of a drug) available to the consumer without a prescription. 1775-1785 English (counter +claim) What is Counterclaim. Drugs.com provides accurate and independent information on more than 24,000 prescription drugs, over-the-counter medicines and natural products. Please look for them carefully. Over-The-Counter (OTC) trades refer to securities transacted via a dealer network as opposed to on a centralized exchange such as the New York Stock Exchange (NYSE).