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has gloss | (noun) (formerly) a cheap saloon selling liquor by the bucket bucket shop |
has gloss | eng: Bucket shop is a brokerage firm that “books" (i.e., takes the opposite side of) retail customer orders without actually having them executed on an exchange. These brokerages are also often called boiler rooms. The term is a defined term under the criminal law of many states in the United States which make it a crime to operate a bucket shop. Typically the criminal law definition refers to an operation in which the customer is sold what is supposed to be a derivative interest in a security or commodity future, but there is no transaction made on any exchange. The transaction goes in the bucket and is never executed. Without an actual underlying transaction, the customer is betting against the bucket shop operator, not participating in the market. Alternatively, the bucket shop operator "literally plays the bank, as in a gambling house, against the customer." Operating a bucket shop in the United States would also likely involve violations of several provisions of federal securities or commodity futures laws . |
lexicalization | eng: bucket shop |
subclass of | (noun) a building with a bar that is licensed to sell alcoholic drinks tap house, tavern |
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German | |
has gloss | deu: Der englische Begriff Bucket Shop bezieht sich auf eine Anzahl Geschäftsmodelle, die letzten Endes allesamt Betrug sind. |
lexicalization | deu: Bucket Shop |
Korean | |
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lexicalization | kor: 무허가중개소 |
lexicalization | kor: 엉터리 거래소 |
lexicalization | kor: 장외 거래점 |
Portuguese | |
has gloss | por: As Bucket Shops eram lojas especializadas em negociações fictícias com ações e commodities, que floresceram nos Estados Unidos no final do século XIX e início do século XX. Eram pseudo-corretoras onde as compras e as vendas não eram realmente efetivadas na Bolsa de Valores. |
lexicalization | por: Bucketshops |
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similar | e/Bucket shop (stock market) |
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