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Pump-and-dump scheme   /pəmp-ənd-dəmp skim/   Listen
Pump-and-dump scheme

noun
1.
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.





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Words linked to "Pump-and-dump scheme" :   contrivance, dodge, stratagem


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