| 释义 |
bucket shop
bucket shopn.1. 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.2. A business, such as a travel agency, that buys unsold tickets and resells them at a discount.
[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.]bucket shop n 1. (Stock Exchange) an unregistered firm of stockbrokers that engages in speculation with clients' funds 2. (Commerce) chiefly Brit any small business that cannot be relied upon, esp one selling cheap airline tickets buck′et shop`
n. Informal. an overly aggressive brokerage house, esp. one that sells low-priced, highly speculative stocks by telephone. [1870–75, Amer.; orig. a cheap drinking establishment] Thesaurus| Noun | 1. | bucket shop - an unethical or overly aggressive brokerage firmbrokerage, brokerage firm, securities firm - a stock broker's business; charges a fee to act as intermediary between buyer and seller | | 2. | bucket shop - (formerly) a cheap saloon selling liquor by the buckettap house, tavern - a building with a bar that is licensed to sell alcoholic drinks |
bucket shop
bucket shop Chiefly Brit any small business that cannot be relied upon, esp one selling cheap airline tickets bucket shop
bucket shopn. 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
Bucket shopAn 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 and then keeps the difference as profit. Alternatively, the broker may never fill the customer's order but keep the money.Bucket Shop1. A brokerage that aggressively and often illegally sells its own securities to is clients because it wishes to divest itself and not because selling them is in the interests of the clients. The federal government limits bucket shop activities by limiting the over-the-counter transactions that brokerages are allowed to make.
2. A brokerage that agrees to buy or sell securities on behalf of clients at a given price, but instead buys at a lower price or sells at a higher price in order to keep the difference as profit.bucket shop An illegal operation in which buy and sell orders are accepted, but no executions actually take place. Instead, the operators expect to profit when customers close out their positions at a loss. A bucket shop is similar in concept to a bookie who does not lay off bets and accepts the risk of a bettor winning.Bucket shop.A bucket shop is an illegal brokerage firm whose salespeople pose as legitimate brokers and attempt to sell you securities. Typically, a bucket shop broker doesn't actually purchase the securities you agree to buy and that you pay for. Rather, the con artists pocket your money and move on, disappearing before you realize you have been scammed. bucket shop
Words related to bucket shopnoun an unethical or overly aggressive brokerage firmRelated Words- brokerage
- brokerage firm
- securities firm
noun (formerly) a cheap saloon selling liquor by the bucketRelated Words |