officine douteuse
- Domaine
-
- finance bourse
- Date
Terme :
- officine douteuse n. f.
Terme associé :
- officine du coulissier marron n. f.
Traductions
-
anglais
Date :Définition
A stock market term for an illegal operation that is almost non-existent today.
Old and derogatory term for a stock brokerage of doubtful integrity.Note :
This type of shop would take a customer's order to buy or sell securities, and never execute the order. The broker in this illegal transaction, would hope to profit by pocketing the loss a customer would have; and if the customer made a profit, the broker would pay that profit out of his pocket. In essence, the broker is assuming that the customer will be wrong most of the time.
Terme :
- bucket shop