Jobber

views updated Jun 08 2018

JOBBER

A merchant, middle person, or wholesaler who purchases goods from a manufacturer in lots or bulk and resells the goods to a consumer, or to a retailer, who then sells them to a consumer. One who buys and sells on the stock exchange or who deals in stocks, shares, andsecurities.

In the law of trademarks and trade names, the term jobber refers to an intermediary who receives goods from manufacturers and sells them to retailers or consumers. In this context a jobber may acquire a trademark and affix it to the goods, even though the jobber did not manufacture the products.

In the law governing monopolies, jobbers are referred to as wholesalers. This body of law involves price-fixing scenarios, in which, for example, a manufacturer enters into contracts with numerous wholesalers, wherein the latter agree to resell the manufacturer's product at prices set by the manufacturer. antitrust laws also concern scenarios where, for example, a patent owner who deals through wholesalers restricts the resale of the patented article to a specified territory, thereby limiting rightful competition between wholesalers.

jobber

views updated May 21 2018

job·ber / ˈjäbər/ • n. 1. a wholesaler. 2. a person who does casual or occasional work. 3. hist. (in the UK) a principal or wholesaler who dealt only on the Stock Exchange with brokers, not directly with the public.