English - Turkish
Definition of pump and dump in English Turkish dictionary
- pump-and-dump scheme
- pompa-ve-dump şeması
Related Terms
English - English
Definition of pump and dump in English English dictionary
- A form of financial fraud where the fraudster buys stocks cheaply, generates artificial excitement about those stocks to create a temporary price increase, then sells the stocks before the price goes back down
- pump-and-dump scheme
- 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
Related Terms
pump and dump
Turkish pronunciation
pʌmp ınd dʌmpPronunciation
/ˈpəmp ənd ˈdəmp/ /ˈpʌmp ənd ˈdʌmp/
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