pyramid scheme
See also: pyramid-scheme
English
Noun
pyramid scheme (plural pyramid schemes)
- 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.
Synonyms
- Ponzi scam, Ponzi scheme, pyramid selling scheme
Translations
illicit money-making scheme
|
|
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.