Like some stocks is a term used to describe stocks that are not listed on major exchanges, such as the New York Stock Exchange or Nasdaq. UNLISTED (8 letters) stocks are those that are not listed on any exchange. Over-the-counter (OTC; 3 letters) stocks are those that are traded through a dealer network rather than on an exchange. No-par (NOPAR; 5 letters) stocks have no stated par value and are usually issued by smaller companies. Mid-cap (MIDCAP; 6 letters) stocks are those with market capitalizations between $2 billion and $10 billion. PREFERRED (PREFERRED; 9 letters) stocks are those that have a higher claim on assets and earnings than common stockholders.