pyramid selling Definition in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “pyramid selling” - English Dictionary

Definition of "pyramid selling" - British English Dictionary

See all translations

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)

Definition of "pyramid selling" - Business English Dictionary

See all translations

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…
What is the pronunciation of pyramid selling?
Add Cambridge dictionaries to your browser to your website
Word of the Day

forage

to go from place to place searching, especially for food

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More