A merchant is an individual or business engaged in the purchase and sale of goods for the purpose of earning a profit. Under the Uniform Commercial Code (UCC), the term can also apply to various parties beyond traditional retail.
A stockjobber is an outdated term that refers to a professional trader who buys and sells stocks for their own account, not for clients. This term was more commonly used in historical contexts related to stock trading.
A trader is generally anyone who buys and sells goods or services for profit, also known as a dealer or merchant. In the context of investment, a trader refers to an individual who actively buys and sells securities for their own account.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.