- bucket shop
An unofficial and usually illegal betting operation in which the prices of stocks and commodities are posted and the customers bet on the rise and fall of prices without actually buying stock, commodities, or commodity futures. Bucket shops are seldom seen today since there are many opportunities to gamble legally on the stock and commodities markets.Category: Business, LLCs & CorporationsCategory: Small Claims Court & Lawsuits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- bucket shop
n.an unofficial and usually illegal betting operation in which the prices of stocks and commodities are posted and the customers bet on the rise and fall of prices without actually buying stock, commodities, or commodity futures. Bucket shops are seldom seen today since there are many opportunities to gamble legally on the stock and commodities markets.
Law dictionary. EdwART. 2013.
Look at other dictionaries:
Bucket shop — refers to a particular type of fraudulent business:* Bucket shop (heraldry) * Bucket shop (stock market)The term is used as a pejorative colloquialism to refer to different kinds of businesses, indicating that the speaker believes it is a fraud… … Wikipedia
Bucket shop — Buck et shop An office or a place where facilities are given for betting small sums on current prices of stocks, petroleum, etc. [Slang, U.S.] [1913 Webster] … The Collaborative International Dictionary of English
bucket shop — n BrE informal a place that sells cheap plane tickets … Dictionary of contemporary English
bucket shop — ► NOUN informal, derogatory 1) an unauthorized office speculating with the funds of unwitting investors. 2) Brit. a travel agency providing cheap air tickets … English terms dictionary
bucket shop — ☆ bucket shop n. 1. a business involved in selling, chiefly by telephone solicitation, that uses high pressure sales tactics, fraudulent claims, etc. 2. Brit. an unlicensed travel agency which sells discounted airline tickets … English World dictionary
bucket shop — An illegal brokerage firm that accepts customer orders but does not attain immediate executions. A bucket shop broker promises the customer a certain price, but waits until a price discrepancy is present and the trade is advantageous to the firm… … Financial and business terms
Bucket Shop — 1. A fraudulent brokerage firm that uses aggressive telephone sales tactics to sell securities that the brokerage owns and wants to get rid of. The securities they sell are typically poor investment opportunities, and almost always penny stocks.… … Investment dictionary
Bucket Shop — Der englische Begriff Bucket Shop bezieht sich auf eine Anzahl Geschäftsmodelle, die letzten Endes allesamt Betrug sind. Ursprüngliche Bedeutung Vornehmlich in Nordamerika gab es zum Ende des 19. und Anfang des 20. Jahrhunderts eine Art Wettbüro… … Deutsch Wikipedia
bucket shop — noun 1. an unethical or overly aggressive brokerage firm • Hypernyms: ↑brokerage, ↑brokerage firm, ↑securities firm 2. (formerly) a cheap saloon selling liquor by the bucket • Hypernyms: ↑tavern, ↑tap house … Useful english dictionary
bucket shop — UK / US noun [countable] Word forms bucket shop : singular bucket shop plural bucket shops British informal a cheap travel agent … English dictionary