bucket shop

Definition of "bucket shop"
  1. A clandestine venue where people wager on price fluctuations of stocks or commodities, without actual purchase or ownership of them
How to use "bucket shop" in a sentence
  1. Authorities cracked down on the bucket shop running in the city's underbelly.
  2. Operating a bucket shop is considered illegal in many jurisdictions.
  3. The novice trader lost all his savings in a bucket shop before realizing the risk.

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