pyramid scheme
noun [C] USDefinition
› a way of deceiving investors (= people giving money to a company hoping to get more back) in which money that a company receives from new customers is not invested to their advantage, but is used instead to pay debts owed to existing customersFraud and corruptionFinancial investments and the stock market
(Definition of pyramid scheme noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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Synonyms and related words:
- arbitrage noun
- bear market noun
- bear noun (FINANCE)
- bearish adjective (FINANCE)
- buyback noun
- Dow Jones noun
- flotation noun (BUSINESS)
- gainer noun
- growth-oriented adjective
- industrial noun
- investment noun
- listed company noun
- payback period noun
- pyramid selling noun
- rig the market idiom
- stag noun (PERSON)
- stake noun (SHARE)
- trader noun
- trading noun
- unit trust noun
Topic:
Stock markets
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