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Defenition of the word pyramiding

    • Defenition of the word pyramiding

      • a fraudulent business practice involving some form of pyramid scheme e.g., the chain of distribution is artificially expanded by an excessive number of distributors selling to other distributors at progressively higher wholesale prices until retail prices
      • a fraudulent business practice involving some form of pyramid scheme e.g., the chain of distribution is artificially expanded by an excessive number of distributors selling to other distributors at progressively higher wholesale prices until retail prices are unnecessarily inflated

    Hypernyms for the word pyramiding

      • cheat
      • rig
      • swindle

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