bucket shop

Definition from Wiktionary, the free dictionary
Jump to: navigation, search
See also: bucketshop


Alternative forms[edit]


bucket + shop


Wikipedia has an article on:

bucket shop (plural bucket shops)

  1. (finance, pejorative, obsolete) A stockbroking firm which takes small orders from clients and takes them on its own account rather than actually transmitting them to the market. Prevalent in the US 1870s to 1920s; often set up as shop-fronts in the 1920s.
  2. (pejorative, finance) A stockbroking firm which sells stock to clients when it has an undisclosed relationship with that company or its owners.
  3. (travel, dated) A travel agency selling discounted airfares, usually in defiance of existing minimum fare arrangements. Now usually refers to any small cheap agency.
  4. (law) A legal services firm selling heavily discounted legal services and documents made in large volume from boilerplate text and clauses, sometimes as a white labelled loss leader.

Usage notes[edit]

(Law / Finance) Traditionally understood as pejorative and with implications of fraud.

See also[edit]