Dealer

What is it? A firm or an individual who buys and sells for his own account. A dealer has ownership, even if only for an instant, between a purchase from one party and a sale to another party, and is thus compensated by the spread between the price paid and the price received. Not the same as a broker, although an individual or firm may act as either a broker or a dealer in separate transactions.

Added By: Dominic

Send To Friends!

If you'd like to send the Dealer definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Dealer. If you need any more information on this term, please don't hesitate to contact us.