pyramid scheme translate to Traditional Chinese Cambridge dictionaries logo

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

pyramid scheme

noun [C]   US
a way of deceiving investors (= people giving money to acompany 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 金字塔型投資(公司從新客戶處蒐集資金並非是為了他們的利益投資,而是用於清還舊帳的一種欺騙投資者的方式);老鼠會 Fraud and corruptionFinancial investments and the stock market
(Definition of pyramid scheme from the Cambridge English-Chinese (Traditional) Dictionary © Cambridge University Press)
Add Cambridge dictionaries to your browser to your website
Word of the Day

drum

a musical instrument, especially one made from a skin stretched over the end of a hollow tube or bowl, played by hitting with the hand or a stick

Word of the Day

I used to work hard/I’m used to working hard (Phrases with ‘used to’)
I used to work hard/I’m used to working hard (Phrases with ‘used to’)
by Kate Woodford,
February 10, 2016
On this blog, we like to look at words and phrases in the English language that learners often have difficulty with. Two phrases that can be confused are ‘used to do something’ and ‘be used to something/doing something’. People often use one phrase when they mean the other, or they use the wrong

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More