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LSDefine

Simple English definitions for legal terms

bucket shop

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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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JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
shaquilleoatmeal
17:43
went to eat - did anyone guess the bowl lmao
shaquilleoatmeal
17:43
ooo yall were too busy with that kendrick shit
shaquilleoatmeal
17:45
put me on - whats the first song on the album thats heat
babycat
17:45
I don’t know sweetgreen like that because I’m not part of the PMC. your legs looked super tan though
hey now is my favorite
peekaboo, squabble up, tv off and gnx good too. Heart pt 6 and reincarnated for straight lyricism
shaquilleoatmeal
17:49
@babycat: should i bring you to sg next time im in ct?
shaquilleoatmeal
17:49
@ImpartialLion: any obvious diss tracks on there?
Whole thing got clear disses, but wacced out murals has the most obvious call outs
babycat
17:50
i used to work in an office two doors up the street from one and you can really see the glazed sweetgreen stare on the face of all those morgan stanley guys
BulbasaurNoLikeCardio
17:51
I have this professor for a legal analysis and writing for clients class that said you will need a JD and legal experience to get an A. He also grades ridiculously hard but leaves no comments on why you got that grade or what you did wrong. Dude is pissing me off with the whole you are wrong figure it out approach.
babycat
17:51
that’s just not proper teaching what a dickhead
BulbasaurNoLikeCardio
17:53
Going to ruin my 4.0 for a 2SH class.
BulbasaurNoLikeCardio
17:53
At least grad school GPA doesn't matter much
JumpySubsequentDolphin
17:53
@shaquilleoatmeal: the garlic steak thing
shaquilleoatmeal
17:54
@ImpartialLion: "Won the Super Bowl and Nas the only one congratulate me All these *****s agitated, I'm just glad they showin' they faces Quite frankly, plenty artists, but they outdated" this line was everything
shaquilleoatmeal
17:57
@JumpySubsequentDolphin: mm surprisingly no, I do like their steak though. Chicken pesto parm lol i was going off the chicken parm vibe from the night before
shaquilleoatmeal
17:58
@babycat: how many essays do you have to finish? Can catch up another night cause thats priority for you rn
babycat
17:58
@shaquilleoatmeal: I did my main one for today what’s the story?
"****** from my city couldn't entertain old boy, Promisin' bank transactions and even bitcoin, I never peaced it up that **** don't sit well with me, Before I take a truce, I'll take 'em to Hell with me" is a good one too
shaquilleoatmeal
18:00
hes so sneaky with it, like if you honestly don't listen for it, you miss it
100%
shaquilleoatmeal
18:00
you want the long or short story ?
WorthlessAttractiveZombie
18:01
So no GULC, eh?
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