pyramid scheme

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See also: pyramid-scheme

English

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Noun

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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 6 more participants.
  1. An illicit money-making investment scheme whereby early investors are paid primarily or wholly by later investors. Eventually all such schemes fail to the detriment of recent (later) investors.

Coordinate terms

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Translations

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