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English definition of “pyramid selling”

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pyramid selling

noun [U] uk   us  
in business, the act of someone buying the right to sell a company's goods, and then selling the goods to other people. These people then sell the goods to other people.
Translations of “pyramid selling”
in Chinese (Traditional) 金字塔型銷售術, 傳銷, 老鼠會…
in Chinese (Simplified) 宝塔式销售,传销…
(Definition of pyramid selling from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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