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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.
[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.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
1. (Stock Exchange) an unregistered firm of stockbrokers that engages in speculation with clients' funds
2. (Commerce) chiefly Brit any small business that cannot be relied upon, esp one selling cheap airline tickets
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Informal. an overly aggressive brokerage house, esp. one that sells low-priced, highly speculative stocks by telephone.
[1870–75, Amer.; orig. a cheap drinking establishment]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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|Noun||1.||bucket shop - an unethical or overly aggressive brokerage firm|
|2.||bucket shop - (formerly) a cheap saloon selling liquor by the bucket|
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.