Jump to content

pyramid scheme

From Wiktionary, the free dictionary

English

[edit]

Noun

[edit]

pyramid scheme (plural pyramid schemes)

a diagram depicting how a pyramid scheme fails as the number of participants required increases exponentially. In this example, each participants are required to recruit six more participants.
  1. An illicit money-making investment scheme in which early investors are paid primarily or wholly from the funds of later investors, and which eventually collapses to the detriment of the most recent participants.
    Coordinate term: Ponzi scheme

Translations

[edit]

Further reading

[edit]