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dealer paper

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Financial Dictionary

dealer paper

Commercial paper that is sold by original issuers through dealers who wholesale the paper to its ultimate buyers. Individual investors are usually excluded from trading in dealer paper because of the size of the investment required, usually a minimum of $250,000. Compare direct paper.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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