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Glite Dictionary
stockjobber

stockjobber

9.9
A person or firm on a stock exchange who trades only with brokers not the public
  • noun
  • Archaic
translation icon : intermediario
  • Many stockjobbers operate behind the scenes of the stock exchange, facilitating trades.

Examples

  • Can you trust your stockjobber?

    Blog text (10)

  • A skilled stockjobber knows how to read market trends to maximize their deals.

  • The stockjobber made a profit by trading shares exclusively with other brokers.

Surface Forms

stockjobber singular
stockjobbers plural

Morphology

stockjobber = stock + jobber (transparent) = stock + jobber

A straightforward compound: a 'jobber' who deals in 'stock'; meaning follows directly from the two base words.

Etymology

The word stockjobber combines stock ('shares' or 'goods') and jobber, from job ('a piece of work'). A helpful way to remember it is to think of a stockjobber as the person who did the 'jobs' of buying and selling stocks for brokers, working between them rather than with the public.