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TeachMeFinance.com - explain Dealer dealer -- a person or business firm acting as a middleman to facilitate distribution of securities or goods. Typically, a dealer buys for his or her own account and sells to a customer from the dealer's inventory. Thus a dealer acts as a principal rather than as an agent. The dealer's profit or loss is the difference between the price he pays and the price he receives for the same security or goods. The same individual or company may, at different times, function as a dealer or as a broker, who buys and sells for his clients' accounts. another definition... Dealer -- An individual or firm who purchases goods for resale. historic definition... Dealer -- In banking nomenclature a dealer is a depositor in a bank who borrows (obtains a loan) from the bank whenever his need for money exceeds the amount which he has on deposit in the bank. On the London Stock Exchange dealer is another name for jobber, but jobber is the name more commonly used ; see Jobber. About the author Mark McCracken 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". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.