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LSDefine

Simple English definitions for legal terms

bucket shop

Read a random definition: felon in possession

A quick definition of bucket shop:

A bucket shop is a type of brokerage firm that steals money or assets from traders or investors during the brokering process. This is done through illegal practices such as selling an asset for more than it actually costs and keeping the difference. Historically, bucket shops were gambling operations that allowed people to bet on stocks and other markets, but they were eventually made illegal. While they had negative effects, they also helped make investing accessible to ordinary citizens and transformed the U.S. economy.

A more thorough explanation:

A bucket shop is a type of brokerage firm that engages in illegal activities during the trading process. This can involve stealing money or other assets from traders or investors. One common method is for the firm to sell an asset to the customer for more than it actually costs and keep the difference.

For example, if a stock is trading at $50, the bucket shop might tell a customer that it is trading at $55 and then sell the stock to the customer for $55. The bucket shop would then keep the extra $5 per share for itself.

Historically, bucket shops were gambling operations that allowed people to bet on stocks and other markets. These operations were illegal and often targeted inexperienced, working-class citizens. The dealers would leverage the betting of gamblers, increasing the lure of quick money and downfalls soon thereafter.

While bucket shops helped usher in an age of ordinary citizens being able to invest in markets, they were eventually outlawed in most states. Today, bucket shops are illegal brokerage firms that deceive traders or investors during the brokering process.

Brown v. Board of Education (1954) | building and loan association

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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