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Term used to describe small businesses that feed on the lower rungs of society, often such businesses are engaged in fraudulent or ethically suspect schemes.
1) Pawn Shop USA (etc) is a low-priced bucket shop that will buy all your half its value.
2) Midsummer Capital is a PIPE bucket shop that employs fraudulent stock bashers.
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A bucket shop is a company that sells a coat of arms usually with the inaccurate name of "family crest" associated with the customer's surname nonetheless if the customer in question can claim a link to the original armiger. You can often tell if a coat of arms is from a bucket shop by looking if it has the customer's surname in the motto scroll instead of a real motto.
Tim Johnson unknowingly bought a bucket shop coat of arms associated with his surname Johnson off a family crest website.