NOUN | cognition | pump-and-dump scheme | an illegal scheme for making money by manipulating stock prices |
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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 / price of the stock rises. | |
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Broader | contrivance, stratagem, dodge | An elaborate or deceitful scheme contrived / contrived to deceive or evade |
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