| / English Dictionary |
PUMP-AND-DUMP SCHEME
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An illegal scheme for making money by manipulating stock prices; the schemer persuades other people to buy the stock and then sells it himself as soon as the price of the stock rises
Classified under:
Nouns denoting cognitive processes and contents
Hypernyms ("pump-and-dump scheme" is a kind of...):
contrivance; dodge; stratagem (an elaborate or deceitful scheme contrived to deceive or evade)
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