licensed dealer

Permitted commercial vendor

A licensed dealer is someone officially authorized to buy and sell regulated goods—most commonly firearms, securities, or vehicles.

The license ensures compliance with laws governing the trade: You can only purchase a handgun from a licensed dealer.

In securities, the term refers to broker-dealers registered with regulatory bodies.

The phrase distinguishes legitimate commercial sellers from private individuals or black-market operators.

Related

franchise · permit · showroom · trade-in value · blue book · inventory · tradesman · salesman · credentials · bonded · regulated · storefront · wholesale · commission · warranty · paperwork · bill of sale · inspection

Categories
Opposites
legality/authorization

licensed dealerblack market dealer

Seller of illicit goods

bootlegger · smuggler · fence · black marketeer · street dealer

formality of commerce

licensed dealerflea market vendor

Seller at open-air bazaars

transaction role

licensed dealerwholesale buyer

Purchases in bulk quantities

end consumer

Family

licensed, dealer, license, licence, deal, deals, dealing, dealings, dealt

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G