pyramid scheme Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “pyramid scheme” in the English Dictionary

"pyramid scheme" in British English

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pyramid schemenoun [C]

uk   us   US
a way of ​deceiving investors (= ​people giving ​money to a ​companyhoping to get more back) in which ​money that a ​companyreceives from new ​customers is not invested to ​theiradvantage, but is used ​instead to ​paydebtsowed to ​existingcustomers
(Definition of pyramid scheme from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"pyramid scheme" in Business English

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pyramid schemenoun

uk   us  
[U] MARKETING →  pyramid selling
[C] FINANCE →  Ponzi scheme
(Definition of pyramid scheme from the Cambridge Business English Dictionary © Cambridge University Press)
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“pyramid scheme” in Business English

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