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What (who) is bucket shop - definition
WIKIMEDIA DISAMBIGUATION PAGE
Bucket shops; Bucketshop; Bucket shop (disambiguation)
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.
Bucket shop
·- An office or a place where facilities are given for betting small sums on current prices of stocks, petroleum, ·etc.
bucket shop
¦ noun informal, derogatory
1. an unauthorized office speculating in stocks or currency using the funds of unwitting investors.
2. Brit. a travel agency providing cheap air tickets.
Wikipedia
Bucket shop
A bucket shop was an unlicensed tavern in 19th-century London that sold discarded alcohol.
It also refers to:
- a business engaged in heraldic fraud, the sale of illegitimate heraldic credentials
- bucket shop (stock market), a sham brokerage that does not execute trades as claimed
- an airline consolidator that specializes in multi-stop trips
