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Pyramiding   Listen
Pyramiding

noun
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.






WordNet 3.0 © 2010 Princeton University








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"Pyramiding" Quotes from Famous Books



... specialized thievery marched abreast with legitimate enterprise; with it as with the other, rewards became tremendously larger; small turnovers were regarded as puny and contemptible, and operators thought in terms of pyramiding thousands of dollars where before they had been glad to strive for speculative returns of hundreds. By now Chappy Marr had won his way to the forefront of his kind. The same intelligence invoked, the same energies exercised, and in almost any proper ...
— Sundry Accounts • Irvin S. Cobb



Words linked to "Pyramiding" :   swindle, cheat, rig



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