pump and dump
The term "pump and dump" has distinct meanings in finance, slang, and breastfeeding contexts, each involving a temporary action followed by a disposal or abandonment.
Definition
C1Finance
(technical, fraud)A fraudulent scheme where the price of a stock is artificially increased through misleading information, allowing the perpetrators to sell their shares at a profit before the price drops.
Example
- The investors were victims of a pump and dump scheme that left them with worthless shares.
C1Cryptocurrency
(technical, fraud)A deceptive practice in the digital currency market where the value of a cryptocurrency is artificially inflated, enabling the orchestrators to sell off their holdings before the price collapses.
Example
- The cryptocurrency market is often targeted by pump and dump schemes due to its volatility.
B2Slang
(informal, relationships)A short-term sexual encounter where one person quickly loses interest and ends the relationship after achieving their immediate desires.
Example
- He was accused of treating her like a pump and dump, leaving her heartbroken.
B2Breastfeeding
(informal, parenting)A practice where a mother uses a breast pump to express milk and then discards it, often due to the presence of alcohol or medication in the milk.
Example
- After having a glass of wine, she decided to pump and dump to ensure her baby wouldn't consume any alcohol.
Similar
Terms that have similar or relatively close meanings to "pump and dump":
dump onpump and jumppump outdump and burnpump uppump carone pump chumpdump out