dealer

A dealer has two common definitions in the legal context:

• A retailer who purchases goods or services for resale to consumers in a principal capacity.
• In securities law, a person who functions at least part time as an agent, broker, or principal in the business of offering, buying, selling, or otherwise dealing in securities issued by another person. Either direct or indirect involvement with such transactions can suffice for classification 

See e.g., Beck Chevrolet Co. v. General Motors LLC, 27 N.Y.3d 379, 33 N.Y.S.3d 829, 53 N.E.3d 706, 2016 (N.Y. 2016)

See also: Securities. 

[Last updated in September of 2022 by the Wex Definitions Team]