IPA: /ˌɪntərˈdiːlər/
KK: /ˈɪntərˌdiːlər/
Relating to transactions or interactions that occur between different dealers, often in financial markets.
The interdealer market allows for the trading of securities between financial institutions.
Interdealer → It is formed from "inter-" (meaning between) and "dealer" (from Old English "dealan", meaning to divide or distribute). The word refers to a person or entity that operates between dealers, facilitating transactions or exchanges.
Think of someone who operates 'between' ('inter-') different 'dealers' — that's why interdealer refers to a person or entity that facilitates transactions between dealers.
No commonly confused words.