Translation of "pyramid scheme" - English-Traditional Chinese dictionary

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pyramid schemenoun [ C ]

uk /ˈpɪr.ə.mɪd ˌskiːm/ us /ˈpɪr.ə.mɪd ˌskiːm/ US

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 customers


(Translation of “pyramid scheme” from the Cambridge English-Chinese (Traditional) Dictionary © Cambridge University Press)