bait-and-switch
Definitions
adj
Relating to use of bait and switch (offering one attractive exchange initially, but not honoring the offer) in business, politics, and elsewhere.
Despite Healy's argument that the Liberty Fund would go to worthwhile causes, many felt the Red Cross had deliberately misled donors by using September 11th in a bait-and-switch ploy.
The FTC commissioner, Rohit Chopra, called AT&T’s actions a “massive fraud”. “AT&T’s bait-and-switch scam is a good window into the many harms that result from dominant companies operating without the discipline of meaningful competition,” Chopra said in a statement.
verb
To exploit using bait and switch.
Perhaps the most baffling and frustrating feature of the mortgage mess is that, to my knowledge, the House Financial Services Committee never held public hearings in which bait-and-switched homeowners testified as to how their mortgage payments doubled in just a few years[…]
To my surprise, even shock, both of them spent the entire trip sputtering and whining—about being bait-and-switched when their employee-ownership shares of United Airlines had been evaporated by its recent bankruptcy, […]