Definition of “pyramid selling” - English Dictionary

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“pyramid selling” in British English

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(Definition of “pyramid selling” from the Cambridge Advanced Learner's 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 sells people 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 original seller getting a share of every payment:

pyramid selling scheme/scam What seemed like a legitimate business turned out to be just another pyramid selling scheme.

(Definition of “pyramid selling” from the Cambridge Business English Dictionary © Cambridge University Press)

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