Business / Taxes / Pump And Dump: In a pump and dump scheme, a scam artist manipulates the stock market by buying shares of a low-cost stock and then artificially inflating the price by spreading rumors, typically using the Internet and phone, that the stock is about to hit new highs. Investors who fall victim to the get-rich-quick scheme begin buying up shares, and the increased demand drives up the price. At the peak of the market, the scammer sells out at a profit, shuts down the rumor mill, and disappears. The price of the stock invariably drops dramatically and the investors who got caught in the scam lose their money.
Dump Noun Synonyms: unload, offload, empty, drop, deposit, throw or fling down, tip
Dump Verb Synonyms: get rid of, throw away, scrap, discard, ditch, jettison, dispose of, reject, tip, toss out or away, junk, chuck out or away
Pump Noun Synonyms: send, force, deliver, push
Pump Verb Synonyms: interrogate, question, examine, cross-examine, quiz, probe, grill, give (someone) the third degree
Business / Finance / Property, Plant And Equipment (PP and E): Assets used in the operations of a business that have a useful life greater than one year, including land, buildings, machinery, equipment, and furniture. Also known as fixed assets. See also deprecia MORE
Business / Accounting / Property Plant And Equipment Turnover: A measure of how well property, plant, and equipment are being utilized in generating a period's sales: computed by dividing net sales by average property, plant and equipment. MORE