Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Dealer
n. 1. A person who purchases goods or property for sale to others; a retailer. 2. A person or firm that buys and sells securities for its own account as a principal, and then sells to a customer. See DEAL, n. & ub.
National Association of Securities Dealers
A group of brokers and dealers empowered by the SEC to regulate the over-the-counter securities market. - Abbr. NASD.
National Association of Securities Dealers Automated Quotation system
A computerized system for recording transactions and displaying price quotations for a group of actively traded securities on the over-the-counter market. - Abbr. NASDAQ.
broker-dealer
See BROKER.
dealer's talk
See PUFFING.
government-securities interdealer broker
A broker engaged exclusively in the business of transacting in government securities for parties that are themselves government brokers or dealers.
patent-right dealer
A person who sells or brokers the sale of patent rights.
registered dealer
A dealer registered or required to be registered under the Securities Exchange Act of 1934.
responsible broker-dealer
A broker-dealer who communicates bids or offers on the floor of a stock exchange at the designated location for trading in a reported security or who, in an off-exchange transaction, communicates the bid or offer as either a principal or an agent, for its own or another's account. SEC Rule 11Ac1-1(a)~21) li7 (TR ยง 240.11Ac1-1(a)(21)i.
wholesale dealer
One who sells goods in gross to retail dealers rather than selling in smaller quantities directly to consumers.