Bucket-shop meaning

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.
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A business, such as a travel agency, that buys unsold tickets and resells them at a discount.
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A business involved in selling, chiefly by telephone solicitation, that uses high-pressure sales tactics, fraudulent claims, etc.
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An unlicensed travel agency which sells discounted airline tickets.
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(pejorative, finance) A stockbroking firm which sells stock to clients when it has an undisclosed relationship with that company or its owners.
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(travel, dated) A travel agency selling discounted airfares, usually in defiance of existing minimum fare arrangements. Now usually refers to any small cheap agency.
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(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.
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Origin of bucket-shop

  • 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
    From American Heritage Dictionary of the English Language, 5th Edition
  • From Wiktionary