bucket shop

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See also: bucketshop

English[edit]

Alternative forms[edit]

Etymology[edit]

bucket + shop

Noun[edit]

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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.
  5. (heraldry) A company that sells coats of arms associated with the customer's surname, regardless of whether the customer can claim any relation to the original armiger.

Usage notes[edit]

  • In law and finance, traditionally understood as pejorative and with implications of fraud.

See also[edit]