- dump
- dump dump [dʌmp] verb [transitive]1. to put waste in a particular place, especially illegally LAW :
• 11 million gallons of crude oil were illegally dumped into Prince William Sound.
2. to sell something that you do not want:• But before you call your broker and dump all your stockholdings, consider some other data.
3. COMMERCE ECONOMICS to sell products cheaply in an export market, perhaps in order to increase your share of the market there:• Japanese-made display screens are being dumped in the US at below-market prices.
— dumping noun [uncountable] :• Anti-dumping duties are intended to eliminate the difference between an allegedly unfair import price and a higher home-market price.
• Orders placed by credit card are automatically dumped into the computer system.
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dump UK US /dʌmp/ verb► [T] INFORMAL to stop using or supporting something or someone: »The group has dumped plans for a giant US takeover after ruling that difficult stock market conditions would prevent it raising the cash.
»The star was dumped by the record label after a string of failures.
► [I or T] ECONOMICS to sell goods so cheaply in another country that companies in that country cannot compete fairly: »The Commerce Department announced punitive tariffs against foreign paper manufacturers accused of dumping goods in the US below cost.
dump on sth »The producers of the goods are claiming that foreign manufacturers are dumping on the market.
► [T] FINANCE to sell large amounts of something that you do not want to keep: »As the stock rose, he dumped his shares, making $160,000.
► [T] ENVIRONMENT to throw something away in a place that is not suitable or allowed by law: »Often the toxic waste is dumped in local rivers or burned, increasing health and environmental problems.
► [T] IT to move information from a computer's memory in order to store it: »Dump all the data onto an external hard drive as a backup.
Financial and business terms. 2012.
