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pump-and-dump Finance Definition

A scam in which a trader, broker, or other self-interested party promotes shares in a stock as a good purchase. While the person is heavily encouraging others to buy shares, he is secretly selling them on the market. The pump-and-dump practice is illegal.

Browse dictionary entries near pump-and-dump

  1. ‹ pump
  2. ‹ pummel
  3. ‹ pumice
  4. ‹ puma
  5. ‹ pulvinus
  6. ‹ pulvinate
  7. ‹ pulvillus
  8. ‹ pulverulent
  9. ‹ pulverize
  10. ‹ pulverizable
  1. pump laser ›
  2. pump priming ›
  3. pumped ›
  4. pumper ›
  5. pumpernickel ›
  6. pumpkin ›
  7. pumpkinseed ›
  8. pun ›
  9. puna ›
  10. punch ›