pump-and-dump scheme

1. 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

   Broadercontrivance

Questions about pump-and-dump scheme

What does pump-and-dump scheme mean?

pump-and-dump scheme means "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".

Is pump-and-dump scheme a common word?

pump-and-dump scheme is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.