bucket shop
The term "bucket shop" originated in the finance sector and has expanded to describe certain types of travel agencies and legal services firms, often with a negative connotation.
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Definition
C1Finance
(derogatory, historical)A brokerage firm that engages in unethical practices, such as misleading clients about transaction prices and profiting from the difference without their knowledge.
Example
- The bucket shop was shut down after numerous complaints of fraudulent activities.
- Investors were warned to avoid bucket shops due to their deceptive practices.
B2Travel
(dated)A travel agency that sells discounted airfares, often by circumventing standard pricing rules.
Example
- Back in the day, many travelers relied on bucket shops for affordable flights.
- The bucket shop offered deals that seemed too good to be true.
C1Law
(informal)A legal services firm that provides heavily discounted services and documents, often using standardized templates.
Example
- The bucket shop provided cheap legal documents, but the quality was questionable.
- He opted for a bucket shop to handle his will to save money.
Similar
Terms that have similar or relatively close meanings to "bucket shop":