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the jobber
noun
One who works by the job and recruit other people(as in the 19th Century).
synonyms
Exact(18)
The jobber seeks to maximize his profitable business by adjusting his buying and selling prices.
In fact, he is convinced that the jobber business -- an old-fashioned term for the link in a chain that connects manufacturer to retailer -- is a dying industry.
The jobber serves only in the capacity of a principal, buying and selling for his own account and dealing only with brokers or other jobbers.
As the ultimate dealer in the London market, the jobber's activities provide a stabilizing factor, but unlike the specialist on the New York Stock Exchange, the jobber is under no obligation to help support prices.
The growing importance of institutional customers has increased the size of transactions in the London market as it has in the U.S., and therefore the jobber has been compelled to risk larger sums.
To offset this risk, arrangements for a particularly large order may be negotiated beforehand and the transaction put through the floor as a matter of procedure, with the jobber accepting a minimum "turn".
Similar(42)
They pick up their stuff from the jobbers in the Broadway-30th Street area who specialize in novelty merchandise.
If New York City really wants to close down illegal social clubs, it should go after the jobbers that supply them.
The jobbers in turn derived their profits from the difference between the wholesale price paid by them and the price charged by them to local dealers.
'This method of transacting the business is modified in practice, in so far as the fulfilment of the contracts made with the jobbers at Memphis is concerned.
"It's a kind of triangular bargaining that worked in the garment industry for years," Lichtenstein said, referencing the "jobbers agreements" that arose in the 1920s.
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