PYRAMIDING

Pronunciation (US):

(GB):

 I. (noun) 

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)

Credits