Illegal Trading Schemes

Pump and Dump
An illegal scheme whereby a large stockholder hires a promoter to help publicize, or 'pump,' the stock to inflate its market price artificially. Following this, the stockholder 'dumps' their shares at the inflated price to make a profit.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.