| 1. | a person who buys and sells articles without altering their condition; trader or merchant, esp. a wholesaler: I got a dealer's discount on this coat. |
| 2. | Cards. the player distributing the cards. |
| 3. | a person who behaves or acts toward another or others in a specified manner: a plain dealer. |
| 4. | Slang. a person who buys and sells drugs illegally. |
| 5. | a person who buys securities for his or her account and retains them until sold to another. |
Dealer
1. An individual or firm willing to buy or sell securities for their own account.
2. One who purchases goods or services for resale to consumers.
Investopedia Commentary
A dealer differs from an agent in that a dealer acts as a principal in a transaction. That is, a dealer takes ownership of assets and is exposed to inventory risk, while an agent only facilitates a transaction on behalf of a client.
Related Links
Brokers and Online Trading
See also: Ask Price, Bid Price, Broker, Broker-Dealer, Principal
dealer