Definition of Jobber:
Little is known about jobbers' activities because they kept few records, but in the early 19th century, London had hundreds of jobbing firms. Jobbers' numbers declined dramatically over the course of the 20th century until they ceased to exist in October 1986.
A jobber is a slang term for a market maker on the London Stock Exchange prior to October 1986. Jobbers, also called "stockjobbers," acted as market makers. They held shares on their own books and created market liquidity by buying and selling securities, and matching investors' buy and sell orders through their brokers, who were not allowed to make markets. The term "jobber" is also used to describe a small-scale wholesaler or middleman in the retail goods trade.
Manufacturer, tradesman, or wholesaler who deals in small lots of goods or jobs, or acts as an agent, middleman (intermediary), or a sub-contractor, and usually does not deal directly with the principal customer.
A person who does casual or occasional work.
(in the UK) a principal or wholesaler who dealt only on the Stock Exchange with brokers, not directly with the public.
Synonyms of Jobber
Wall Streeter, Agent, Blue-collar worker, Bond crowd, Breadwinner, Broker, Casual, Casual laborer, Chandler, Common laborer, Connection, Curb broker, Day laborer, Dealer, Distributor, Employee, Factory worker, Floor broker, Floor trader, Floorman, Flunky, Free lance, Free-lancer, Full-time worker, Go-between, Hand, Importer, Industrial worker, Intermediary, Intermedium, Jobholder, Laborer, Laboring man, Liaison, Link, Marketer, Mediary, Mediator, Medium, Menial, Merchandiser, Merchant, Middleman, Migrant, Moiler, Monger, Navvy, Odd-lot dealer, Office temporary, Pit man, Proletarian, Registered representative, Regrater, Retail dealer, Retail merchant, Retailer, Roustabout, Salaried worker, Self-employed person, Servant, Sharebroker, Shopkeeper, Specialist, Stiff, Stock dealer, Stock-exchange broker, Stockbroker, Stockjobber, Storekeeper, Temporary, Tie, Toiler, Trader, Tradesman, Tradeswoman, Trafficker, Two-dollar broker, Wage earner, Wage slave, Wageworker, Wholesaler, Worker, Workgirl, Workhand, Working girl, Workingman, Workingwoman, Workman, Stockbroker, Broker-dealer, Broker, Agent, Negotiator
How to use Jobber in a sentence?
- A jobber, also known as a stockjobber, was a market maker on the London Stock Exchange.
- When you are dealing with a jobber you should know that all prices are negotiable and hope for the best.
- Jobbers held shares on their own accounts and help boost market liquidity by matching investors' buy and sell orders through their brokers.
- Sometimes you may have to deal with middlemen or jobber s and you will need to try and negotiate hard with them.
- The famous wrestler came out and I was frustrated because he was going to fight a jobber and not one of the top guys.
- Jobbers left few records of their affairs and neither journalists nor other observers retained much in the way of detailed accountings of their work.
- He has written for several years about the ways in which jobbers and middle-men ruthlessly exploit migrant labour in the informal sector.
- Senators dismissed tariff opponents as a collection of ‘dealers, commission merchants, and jobbers.’.
- The term jobber was used prior to October 1986, but little is known of their actual activities as they kept few records.
- The jobber system evolved into a recognizably modern form during the course of the 19th century, as the range of securities types broadened.
- Brokers made a commission charged to their principals; jobbers made a ‘turn’ on the bid-ask spread always intending to buy low and sell high.
Meaning of Jobber & Jobber Definition