English Dictionary |
PYRAMIDING
Pronunciation (US): | (GB): |
Dictionary entry overview: What does pyramiding mean?
• PYRAMIDING (noun)
The noun PYRAMIDING has 1 sense:
1. a fraudulent business practice involving some form of pyramid scheme e.g., the chain of distribution is artificially expanded by an excessive number of distributors selling to other distributors at progressively higher wholesale prices until retail prices are unnecessarily inflated
Familiarity information: PYRAMIDING used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A fraudulent business practice involving some form of pyramid scheme e.g., the chain of distribution is artificially expanded by an excessive number of distributors selling to other distributors at progressively higher wholesale prices until retail prices are unnecessarily inflated
Classified under:
Nouns denoting acts or actions
Hypernyms ("pyramiding" is a kind of...):
cheat; rig; swindle (the act of swindling by some fraudulent scheme)
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