pyramid scheme

pyr·a·mid scheme

P p

Definitions of pyramid scheme words

noun pyramid scheme pyramid (def 8). 1
uncountable noun pyramid scheme A Pyramid scheme is a method of selling in which one person buys a supply of a particular product directly from the manufacturer and then sells it to a number of other people at an increased price. These people sell it on to others in a similar way, but eventually the final buyers are only able to sell the product for less than they paid for it. 0
noun pyramid scheme a moneymaking scheme in which revenues are derived chiefly by recruiting increasingly larger groups of new salespeople or investors, each of whom pays for the right to recruit others in turn 0

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This term is known only to a narrow circle of people with rare knowledge. Only 5% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

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