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pyramidingenUK
pyramidpyr·a·mid P0685000 (pĭr′ə-mĭd)n.1. a. A solid figure with a polygonal base and triangular faces that meet at a common point.b. Something shaped like this polyhedron.2. a. A massive monument of ancient Egypt having a rectangular base and four triangular faces culminating in a single apex, built over or around a crypt or tomb.b. Any of various similar constructions, especially a four-sided Mesoamerican temple having stepped sides and a flat top surmounted by chambers.3. The transactions involved in pyramiding stock.4. Anatomy A structure or part suggestive of a pyramid in shape.v. pyr·a·mid·ed, pyr·a·mid·ing, pyr·a·mids v.tr.1. To place or build in the shape of a pyramid.2. To build (an argument or thesis, for example) progressively from a basic general premise.3. To speculate in (stock) by making a series of buying and selling transactions in which paper profits are used as margin for buying more stock.v.intr.1. To assume the shape of a pyramid.2. To increase rapidly and on a widening base.3. To pyramid stocks. [Latin pȳramis, pȳramid-, from Greek pūramis, of unknown origin.] py·ram′i·dal (pĭ-răm′ĭ-dl), pyr′a·mid′ic (-mĭd′ĭk), pyr′a·mid′i·cal (-ĭ-kəl) adj.py·ram′i·dal·ly adv.ThesaurusNoun | 1. | pyramiding - 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 inflatedswindle, cheat, rig - the act of swindling by some fraudulent scheme; "that book is a fraud" |
EncyclopediaSeepyramidPyramidingenUK
PyramidingA type of stock swap option exercise in which a small number of previously-owned shares is surrendered to the company to pay a portion of the exercise price, for which a slightly larger number of option shares may be purchased, which are then immediately surrendered back to the company to pay additional amounts of the exercise price, and so on until the full option price has been paid and the optionee is left with just the number of shares equal to the option spread. With the advent of broker-assisted "Cashless Exercise/Same Day Sale" programs (see above), pyramiding has fallen out of favor.Pyramiding1. The practice of using unrealized profits from margin transactions to increase one's margin. That is, one uses unrealized profits as collateral on a margin account in order to borrow more money from a brokerage to buy more securities.
2. The practice of borrowing to expand a company's operations.pyramidingenUK
Words related to pyramidingnoun a fraudulent business practice involving some form of pyramid scheme eRelated Words |