Meaning of pump and dump | Babel Free

Definitions

1. A form of financial fraud where the fraudster buys stocks cheaply, generates excitement about those stocks to create a temporary price increase, then sells the stocks before the price goes back down.
   countable, uncountable
2. A situation where a woman uses a breast pump and then discards the milk, typically because she has had an infection, or has been drinking alcohol.
   countable, slang, uncountable
3. A situation where a person has sex with a partner on a single occasion, without immediate intention of further contact or pursuing a serious relationship.
   countable, slang, uncountable

Equivalents

Examples

“[…] Mr. Colt bought the stocks in advance of his tips and sold them at a profit as soon as his followers bid up the prices. The stocks then plunged back to earth, causing losses for unwary investors in what the S.E.C. called an updated version of the classic market manipulation known as a pump and dump.”

“Jordan Belfort was jailed in 1999 for insider trading. He had run a “pump and dump” trading scam, based on selling penny shares to gullible investors, which cost them some $200m. His autobiography was later turned into the Wolf of Wall Street movie, starring Leonardo Di Caprio and directed by Martin Scorsese.”

“The newest thing in finance had apparently fallen prey to one of the oldest investor hoaxes around – a classic pump-and-dump scheme.”

““#pumpanddump,” she captioned the image. On her Instagram Story, the model shared the same image with the caption, “More like cowchella lol Jamiroquai was soooo worth the pump and dump,” referencing the British funk and jazz band performing.”

“"She's the one who wants a quick fuck. I need more than that – not a wedding ring – but she's already been with two other guys this week. In this day and age? No way." "I don't blame you. I gave up the ol' pump and dump recently myself."”

“Getting a Taurus female into bed a second time is much easier than doing the same to her male counterpart: Taurus females are less lazy and stubborn and they view sexuality as more of a give-and-take than their pump-and-dump brethren.”

“I am tired of the pump-and-dump lifestyle, so please help me stop acting like a slut.”

CEFR level