Share this entry

Share this page

pump-and-dump

Line breaks: pump-and-dump

Definition of pump-and-dump in English:

adjective

informal
Denoting the fraudulent practice of encouraging investors to buy shares in a company in order to inflate the price artificially, and then selling one’s own shares while the price is high.
Example sentences
  • Instead of unwittingly getting inside information, Schwarz ran into the latest version of the classic "pump-and-dump" investment scam sweeping the nation.
  • Of course, recent announcements about new technology purchases seem to have gone nowhere, so it is increasingly sounding like a pump-and-dump type deal.
  • He allegedly cashed out his shares in this company at inflated prices - but not by dumping them on the public in the tried-and-true method of pump-and-dump schemes.

Definition of pump-and-dump in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day peart
Pronunciation: pɪət
adjective
lively; cheerful