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dealer business definition
- An individual or a firm that buys securities for and sells securities from its own portfolio as opposed to bringing buyers and sellers together. In practice, many firms operate as broker-dealers and perform both services, depending on the market conditions and on the size, type, and security involved in a particular transaction. Compare broker 1.
- A person or organization that buys for and sells from its own account. For example, an art dealer buys paintings for resale.
- A business that maintains an inventory of goods offered for resale. For example, an appliance dealer stocks major appliances it offers for sale to the public.
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