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1 pyramid
1 nounpyramid scheme plan m commercial en cascade;pyramid selling vente f pyramidale;pyramid selling scheme plan commercial en cascade(companies) structurer en pyramideThe 1996 Trading Schemes Act outlaws pyramid selling schemes, but not investment pyramids. Originators of the investment versions have insured against legal clamp down by requiring that each recruit signs a declaration that her investment is an unconditional gift.
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pyramid selling — An increasingly common way of selling goods is through trading schemes which operate on more than one level. Participants (or downliners ) in such schemes buy goods from the scheme organiser or other participants and then sell them to the general … Law dictionary
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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
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