pyramid selling Definition in the Cambridge English Dictionary Cambridge dictionaries logo

Definition of “pyramid selling” - English Dictionary

"pyramid selling" in British English

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pyramid sellingnoun [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.
(Definition of pyramid selling from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"pyramid selling" in Business English

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pyramid sellingnoun [U]

uk   us   (also pyramid scheme [C]) COMMERCE
a way of making ​money, ​illegal in many ​places, in which someone ​sellspeople the ​right to ​sell a company's ​products. These ​people then ​sell the ​right to others, and this continues until many ​people have ​bought the ​right, with the ​originalseller getting a ​share of every ​payment: pyramid selling scheme/scam What seemed like a ​legitimatebusinessturned out to be just another ​pyramidsellingscheme. While ​pyramidselling or multi-level ​marketing could be ​legitimateactivities, ​schemesofferingincome for ​recruitmentofferscope for ​abuse.
(Definition of pyramid selling from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “pyramid selling”
in Chinese (Simplified) 宝塔式销售,传销…
in Chinese (Traditional) 金字塔型銷售術, 傳銷, 老鼠會…
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