Definition: Meaning of, pump-and-dump scheme in English to English dictionary.
Pronunciation:/ pʌmp ənd;(ə)n;and dʌmp skiːm /
noun
synonym
antonym
Word Forms:
Singular
Plural
pump-and-dump scheme
pump-and-dump schemes
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