Complete Definition of "bucket shop"

English
wikipedia
Noun
bucket shop

  1. finance obsolete A stockbroker|stock broking firm which takes small orders from clients and takes them on its own account rather than actually transmitting them to the market. Often setup as shop-fronts in the 1920s.
  2. finance A stockbroker|stock broking firm which sells stock to clients when it has an undisclosed relationship with that company or its owners.
  3. (travel industry) (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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