bucket shop

Definitions

Banking

  • noun a dishonest stockbroking firm where customers’ orders to buy and sell stock are treated as bets on the rise and fall of prices
  • noun a firm of brokers or dealers that sells shares that may be worthless
  • noun a brokerage firm which tries to push the sale of some securities more than others

Forex

  • (written as Bucket Shop)
    An unlicensed or illegal brokerage engaged in Forex trading. Often its employees will use unscrupulous tactics to earn fees and commissions.

Marketing

  • noun a firm that sells cheap airline or other travel tickets

Slang

  • noun an establishment selling cheap and/or low quality items in large quantities. The phrase has become a standard British colloquialism for a cut-price travel agency. The expression originated in the USA in the 1880s when it referred to share-selling operations, by analogy with cheap saloons.

Travel

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