bucket shop (redirected from Bucket shops)

bucket shop

n.

1. A fraudulent brokerage operation in which orders to buy and sell are accepted but no executions take place. Instead, the operators expect to profit when customers close out their positions at a loss.

2. A business, such as a travel agency, that buys unsold tickets and resells them at a discount.

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[From bucket shop, a saloon selling small amounts of liquor in buckets, from its resemblance to the forerunner of such brokerage operations, which dealt in small units of stocks and commodities.]

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bucket shop

Noun

1. Chiefly Brit a travel agency specializing in cheap airline tickets

2. an unregistered firm of stockbrokers that engages in fraudulent speculation

Thesaurus

Noun	1.	bucket shop - an unethical or overly aggressive brokerage firm brokerage, brokerage firm, securities firm - a stock broker's business; charges a fee to act as intermediary between buyer and seller
	2.	bucket shop - (formerly) a cheap saloon selling liquor by the bucket tap house, tavern - a building with a bar that is licensed to sell alcoholic drinks