| 释义 |
Paper dealer Paper dealerA brokerage firm that buys and sells commercial paper to make a profit.Paper DealerA person or company that trades commercial paper on its own behalf. That is, a dealer is a principal in a transaction; it neither does business on behalf of a client nor facilitates transactions between parties. Thus, it may purchase commercial paper from issuers and sell it to investors (including other dealers). In the United States, dealers are regulated by the SEC, and must be trading securities as a business. See also: Dealer paper. |