Definition of pump-and-dump in English:

pump-and-dump

Line breaks: pump-and-dump

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.
    More 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.

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Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little