Define: Bucket Shop

UK Accounting Glossary

Definition: Bucket Shop



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Full Definition of Bucket Shop


You may think a bucket shop is simply somewhere you buy cheap airline tickets. It’s originally an American expression for a gambling den and in stockmarket terms, that’s something much less palatable.

A bucket shop is also sometimes called a boiler room, ie. a share-broking business run by somebody who isn’t a member of the stock exchange and is likely to be an out-and-out criminal.

It exists to push worthless or even non-existent shares to unsuspecting mug punters (the public). These companies will invariably fail, or fail to fulfil their claimed potential. The Internet is a fertile ground for such conmen (and con women)

Avoid at all costs!


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Synonyms For Bucket Shop


boiler room


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https://payrollheaven.com/define/bucket-shop/
Modern Language Association (MLA):
Bucket Shop. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 02, 2020 https://payrollheaven.com/define/bucket-shop/.
Chicago Manual of Style (CMS):
Bucket Shop. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/bucket-shop/ (accessed: April 02, 2020).
American Psychological Association (APA):
Bucket Shop. PayrollHeaven.com. Retrieved April 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/bucket-shop/

Definition Sources


Definitions for Bucket Shop are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February 2020.