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TeachMeFinance.com - explain
Jobber's turn
historic definition...
Jobber's turn -- London Stock Exchange term ; the jobber's
profit as represented by the difference between the price at
vvhich a jobber buys from or sells to a broker and the middle
price at which he covers his bargain (that is, when he
covers at the middle price, as he often does).
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
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