rag-shop

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English[edit]

Etymology[edit]

(bank): From the slang term rag (“a banknote”).

Noun[edit]

rag-shop (plural rag-shops)

  1. (obsolete, slang) A bank (financial institution).
    • 1819, An Authentic Narrative of the Events of the Westminster Election, page 381:
      Downing-street must bow down before Threadneedle, and St Stephen's must crave licence of the Bank. We must not be surprised if the potent Senate of the Rag-shop should vote the Constitution void, and dismiss King, Lords, and Commons, as an expensive pageant, since they have taken our lives, properties, religion, welfare and morals, into their keeping […]
  2. Used other than figuratively or idiomatically: see rag,‎ shop.

References[edit]

  • John Camden Hotten (1873) The Slang Dictionary
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