HyperDic: pump-and-dump_scheme

English > 1 sense of the expression pump-and-dump scheme:
NOUNcognitionpump-and-dump schemean illegal scheme for making money by manipulating stock prices
English > pump-and-dump scheme: 1 sense > noun 1, cognition
MeaningAn 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 / price of the stock rises.
Broadercontrivance, stratagem, dodgeAn elaborate or deceitful scheme contrived / contrived to deceive or evade

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