rag-shop

noun

A bank (financial institution).

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounrag-shop (plural rag-shops)

plural rag-shops

  1. obsoleteslangA bank (financial institution).
    1 more example

    Downing-street must bow down before Threadneedle, and St Stephen's must crave licence of the Bank. We must not be surprised if the potent Senate of the Rag-shop should vote the Constitution void, and dismiss King, Lords, and Commons, as an expensive pageant, since they have taken our lives, properties, religion, welfare and morals, into their keeping […]

    1819, An Authentic Narrative of the Events of the Westminster Election, page 381
  2. Used other than figuratively or idiomatically: see rag, shop.

Origin

(bank): From the slang term rag (“a banknote”).

Full word history & related roots →
Cite this entry
APA

rag-shop. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/rag-shop

MLA

“rag-shop.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/rag-shop. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “rag-shop,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/rag-shop.

Source: rag-shop on Wiktionary, CC BY-SA 4.0.