pyramid investment scheme

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• scheme — [skiːm] noun [countable] 1. an official plan or arrangement that is intended to help people in some way: • a government training scheme for the unemployed 2. FINANCE an arrangement in which the government or an employer provides financial help to …   Financial and business terms

• pyramid scheme — Pyramid Pyr a*mid, n. [L. pyramis, idis, fr. Gr. ?, ?, of Egyptian origin: cf. F. pyramide.] [1913 Webster] 1. A solid body standing on a triangular, square, or polygonal base, and terminating in a point at the top; especially, a structure or… …   The Collaborative International Dictionary of English

• Pyramid — Pyr a*mid, n. [L. pyramis, idis, fr. Gr. ?, ?, of Egyptian origin: cf. F. pyramide.] [1913 Webster] 1. A solid body standing on a triangular, square, or polygonal base, and terminating in a point at the top; especially, a structure or edifice of… …   The Collaborative International Dictionary of English

• pyramid operation — Pyramid Pyr a*mid, n. [L. pyramis, idis, fr. Gr. ?, ?, of Egyptian origin: cf. F. pyramide.] [1913 Webster] 1. A solid body standing on a triangular, square, or polygonal base, and terminating in a point at the top; especially, a structure or… …   The Collaborative International Dictionary of English

• Scheme — may refer to:* Scheme (programming language), a minimalist, multi paradigm dialect of Lisp * Scheme (mathematics), an important concept in algebraic geometry * Scheme (linguistics), a figure of speech that changes a sentence s structureystematic… …   Wikipedia

• Pyramid scheme — The unsustainable exponential progression of a classic pyramid scheme A pyramid scheme is a non sustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than …   Wikipedia

• pyramid scheme — noun An illicit money making investment scheme whereby early investors are paid primarily or wholly by later investors. Eventually all such schemes fail to the detriment of recent (later) investors. Syn: pyramid selling scheme …   Wiktionary

• pyramid scheme — n. A sales scheme, often illegal, in which a buyer of goods is promised a commission for every additional buyer he or she finds and recruits to be a seller, and in which the people at the top of the pyramid collect payments from all the bottom… …   Law dictionary

• pyramid — pyr·a·mid 1 / pir ə ˌmid/ n 1: a group of holding companies superimposed on one another to give those in control of the top holding company control over all of the companies with a small investment 2: the series of operations involved in… …   Law dictionary

• Pyramid Scheme — An illegal investment scam based on a hierarchical setup. New recruits make up the base of the pyramid and provide the funding, or so called returns, given to the earlier investors/recruits above them. A pyramid scheme is initiated by an… …   Investment dictionary

• Pyramid scheme — An illegal, fraudulent scheme in which a con artist contrives victims to invest by promising an extraordinary return but simply uses newly invested funds to pay off any investors who insist on terminating their investment. The New York Times… …   Financial and business terms