单词 | pyramid investment |
释义 | > as lemmaspyramid investment a. Of, relating to, or designating pyramid investment schemes, or to a sales market in which each buyer or salesperson secures the participation of others, as pyramid distributor, pyramid investment, etc.Cf. sense 10b, pyramid scheme n. at Compounds 2, pyramid selling n. ΘΚΠ society > trade and finance > selling > [adjective] > selling methods or techniques direct1892 soft-selling1921 tie-in1943 hard sell1946 pyramid1949 switch selling1960 multilevel1970 cold-call1985 ambush1987 1949 [see pyramid scheme n. at Compounds 2]. 1965 Kansas City (Missouri) Star 22 Dec. 14 The latest gimmick..is a sort of pyramid selling scheme. 1970 Toronto Daily Star 24 Sept. 12/1 Pyramid sales is a system whereby goods are sold, often at an inflated price, but a reduction in price is offered to purchasers who supply the names of others who buy the product. 1986 Toronto Star (Nexis) 5 July b8 Eight people have been charged after police investigated an alleged pyramid system that promised the top player $17,600 if the scheme did not collapse first. 1998 Nation (Bangkok) (Nexis) 22 Dec. With legal multi-level marketing, distributors' income comes from the selling of products, but pyramid distributors make their money by recruiting new members. 2001 Financial Times (Nexis) 30 July 2 Pyramid investment or ‘gifting’ schemes depend on the recruitment of new members to gift money to those at the apex. < as lemmas |
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