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Meaning of rag-shop | Babel Free

Noun CEFR B2

Definitions

A bank (financial institution).
obsolete, slang
Used other than figuratively or idiomatically: see rag, shop.

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 […]”

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

rag-time rag, tag and bobtail raga raga rock Ragaba ragabash