pyramid selling definition, pyramid selling meaning | English dictionary

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pyramid selling

  

      n   a practice adopted by some manufacturers of advertising for distributors and selling them batches of goods. The first distributors then advertise for more distributors who are sold subdivisions of the original batches at an increased price. This process continues until the final distributors are left with a stock that is unsaleable except at a loss  
English Collins Dictionary - English Definition & Thesaurus  
Collins
pyramid  
      n  
1    a huge masonry construction that has a square base and, as in the case of the ancient Egyptian royal tombs, four sloping triangular sides  
2    an object, formation, or structure resembling such a construction  
3      (Maths)   a solid having a polygonal base and triangular sides that meet in a common vertex  
4      (Crystallog)   a crystal form in which three planes intersect all three axes of the crystal  
5      (Anatomy)   any pointed or cone-shaped bodily structure or part  
6      (Finance)   a group of enterprises containing a series of holding companies structured so that the top holding company controls the entire group with a relatively small proportion of the total capital invested  
7      (Chiefly U.S.)   the series of transactions involved in pyramiding securities  
8    pl   a game similar to billiards with fifteen coloured balls  
      vb  
9    to build up or be arranged in the form of a pyramid  
10      (Chiefly U.S.)   to speculate in (securities or property) by increasing purchases on additional margin or collateral derived from paper profits associated with high prices of securities and property in a boom  
11      (Finance)   to form (companies) into a pyramid  
     (C16 (earlier pyramis): from Latin pyramis, from Greek puramis, probably from Egyptian)  
  pyramidal  
  pyramidical, pyramidic      adj  
  pyramidally, pyramidically      adv  


population pyramid  
      n   a pyramid-shaped diagram illustrating the age distribution of a population: the youngest are represented by a rectangle at the base, the oldest by one at the apex  
pyramid selling  
      n   a practice adopted by some manufacturers of advertising for distributors and selling them batches of goods. The first distributors then advertise for more distributors who are sold subdivisions of the original batches at an increased price. This process continues until the final distributors are left with a stock that is unsaleable except at a loss  

English Collins Dictionary - English Definition & Thesaurus  

Collaborative Dictionary     English Definition
n.
buying or selling of goods tangible or intangible and services commonly on internet actually happen in cyberspace is called ecommerce or cyber commerce
[Tech.]
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