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":

swap shopjob shopbig shopjunk shop