Business / Finance / Dealer Loan: 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). Individual or firm acting as a principal in a securities transaction. Principals are market makers in securities, and thus trade for their own account and risk. Antithesis of broker. See: Agency.
Dealer Noun Synonyms: trader, businessman, businesswoman, merchant, tradesman, retailer, shopkeeper, vendor, merchandiser, wholesaler, jobber, distributor, stockist, supplier, broker, agent, salesman, storekeeper
Business / Finance / Paper Dealer: A brokerage firm that buys and sells commercial paper to make a profit. MORE
Business / Finance / Parallel Loan: A process whereby two companies in different countries borrow each other's currency for a specific period of time, and repay the other's currency at an agreed maturity for the purpose of reducing fore MORE