Rag-shop
noun, slang ·Uncommon ·College level
Definitions
- 1 A bank (financial institution). obsolete, slang
"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 […]"
- 2 Used other than figuratively or idiomatically: see rag, shop.
Example
More examples"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 […]"
Etymology
(bank): From the slang term rag (“a banknote”).
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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.