Definitions

1. noun

A person who is easily deceived or cheated, especially in a business transaction.

“The con artist preyed on unsuspecting chumps, taking their money without providing any services.”

2. verb

To cheat or deceive someone, especially in a business transaction.

“The company was accused of chumping its customers by selling low-quality products at inflated prices.”

3. verb

To be cheated or deceived, especially in a business transaction.

“Many investors were chumped by the Ponzi scheme, losing their life savings.”