pyramid scheme
See also: pyramid-scheme
English
Noun
pyramid scheme (plural pyramid schemes)
a diagram depicting how a pyramid scheme fails as the number of participants required increases exponentially. In this example, each participants are required to recruit 6 more participants.
- 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.
Coordinate terms
Translations
illicit money-making scheme
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