An unauthorized office for speculating in stocks or currency using the funds of unwitting investors.
- The Iowa Electronic Market, which runs a kind of a legal bucket shop in political candidacies, has restructured its presidential futures market.
- In the real world, I think that kind of unauthorized trading would meet the legal definition of a bucket shop.
- What worked at the bucket shops didn't play on Wall Street. Within six months of the start of his legitimate trading career Livermore was wiped out.
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Syllabification: buck·et shop
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