jobbing


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jobbing

the function of buying and selling FINANCIAL SECURITIES such as STOCKS. SHARES and BONDS on the STOCK MARKET by a dealer who acts as a principal in ‘making a market’ in these securities. See MARKET MAKER.
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"Every step of my career was a learning experience," said Smith, "Whether it was learning a jobbing foundry environment, aluminum casting or automatic molding and pouring, each step of my career has provided the foundation for the next."
The ownership then brought in Smith to help begin a "true" venture into the jobbing foundry arena.
Although MBAF attributed 20% of its production to jobbing markets, the foundry had never focused on efficiency because its basic purpose was to supply G&W with its casting needs.
Geary Smith: Balancing Jobbing, Captive Challenges for MBAF

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