- Dealer
- An entity that stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). The New York Times Financial Glossary
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1. someone who buys and sells a particular type of goods:• Collectors were looking for guidance from experienced art dealers.
2. a shop that sells a particular type of goods:• Computers should always be bought from a reputable dealer.
• a used car dealer
3. FINANCE someone whose job is buying and selling bonds, shares, currencies, etc on a financial market; = TRADER AmE:• On the London Futures & Options Exchange, dealers rushed to obtain cocoa.
ˈcurrency ˌdealer also ˌforeign exˈchange ˌdealer FINANCEsomeone whose job is buying and selling currencies, usually at a financial institution; = currency trader AmE; , foreign exchange trader AmE:• Currency dealers had been pushing the dollar slowly but steadily lower last week.
ˈfloor ˌdealer also ˈfloor ˌtrader, = floor \#broker AmE FINANCEsomeone whose job is to deal on a financial market where there is a trading floor:• The floor clerk transfers the order to one of the floor traders, who finds another floor trader wanting to sell that number of shares in the company.
ˌprimary ˈdealer FINANCEa financial institution that is allowed to deal directly in government bonds with a central bank (= bank that controls a country's currency ) :• The New York Fed said the bank's withdrawal from the ranks of primary dealers took effect Friday.
• The bank recently withdrew from the Federal Reserve's roster of primary dealers.
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An individual or company that trades financial instruments and takes positions for its own account.* * *
dealer UK US /ˈdiːlər/ noun [C]► COMMERCE a company or a person that sells a particular type of product: »a car/auto/motor dealer
»art/arms/scrap metal dealer
► UK (US trader) FINANCE, STOCK MARKET a person or company that buys and sells shares, currencies, etc.: »Bonuses paid to City of London dealers rose sharply this year.
Financial and business terms. 2012.