Dealership Definition: A dealership is a company or retailer that sells products for a manufacturer or another company. This type of business usually refers to a car dealership, where the dealer is the principal broker or store where items are purchased.
Another type of dealership or dealer is a brokerage firm, where traders sell investment services and products to clients. These types of professionals and companies are commonly called investment dealers or firms. In addition to selling products, dealerships offer other services such as financing, discounts, warranties, or extra services to enhance your investment.
Dealerships are regulated; for example, brokerages must be registered with the Securities and Exchange Commission in the U.S. or the Canadian Securities Administrators in Canada.
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