pyramiding

Estimated CEFR level: C2 — Proficiency

Estimated from word frequency; not an official CEFR classification.

Definition

noun 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
verb enlarge one's holdings on an exchange on a continued rise by using paper profits as margin to buy additional amounts
verb use or deal in (as of stock or commercial transaction) in a pyramid deal

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