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