Why do we call finance/real estate companies "shops"???
This is semantics obviously, but it's hard to wrap my head around. When I think of a "shop", I'm literally imagining a brick and mortar retail location where fruits and vegetables are sold, not a company in an office building.
Is this some kind of cool new lingo that I'm not aware of? Are the words "firm" or "companies" obsolete?
It's more of a "shoppe"
Does one not go shopping around the market for best finance terms?
I’ve thought “shop” refers to the “sweatshop” connotation of banking
"shop" has long been a phrase to mean a place where people work.....
like a "workshop".. or taking "shop" in high school, so it's just a really common phrase...
but as others have said, makes it easy to append adjectives like sweat shop, bucket shop, whatever....
I've never heard of companies referred to as "shops" outside of finance circles. For example, I don't think I've heard accounting people call the Big4 or consulting people call the MBB as "shops".
it's more of a blue collar thing, like "auto shop", I think accounting firms/law firms/doctor's ect..... like to be called "practices".... gives you an idea where finance ranks lol... it used to be far more blue collar (stockbroker wasn't always prestigious)
union's use the term actively today... like "open shop" vs "closed shop"
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