Jobber
Term · Law · MLC-T-LAW-002805
A wholesaler or middleman who buys goods in bulk from manufacturers and sells them to retailers or other businesses, often without maintaining a large inventory. In securities, a jobber acts as a market maker, buying and selling shares on their own account to facilitate trading. This role is distinct from a broker, who executes trades on behalf of clients.
| Identifier | MLC-T-LAW-002805 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002805",
"term": "Jobber",
"field": "Law",
"definition": "A wholesaler or middleman who buys goods in bulk from manufacturers and sells them to retailers or other businesses, often without maintaining a large inventory. In securities, a jobber acts as a market maker, buying and selling shares on their own account to facilitate trading. This role is distinct from a broker, who executes trades on behalf of clients.",
"url": "https://mlchart.com/terminology/law/jobber/"
}
Record 2,738 of 5,439 in Law terminology (MLC-0107). Request the full dataset.