bucket shop
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bucket shop

noun

Definition of BUCKET SHOP

1
: a saloon in which liquor was formerly sold from or dispensed in open containers (as buckets or pitchers)
2
a : a gambling establishment that formerly used market fluctuations (as in securities or commodities) as a basis for gaming
b : a dishonest brokerage firm; especially : one that formerly failed to execute customers' margin orders in expectation of making a profit from market fluctuations adverse to the customers' interests

First Known Use of BUCKET SHOP

1875

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