| 释义 |
pyramid scheme
pyramid schemen. A fraudulent moneymaking scheme in which early participants are paid out of money received from later recruits, with the final recruits putting money in and getting nothing back.Thesaurus| Noun | 1. | pyramid scheme - a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruit; when the number of new recruits fails to sustain the hierarchical payment structure the scheme collapses with most of the participants losing the money they put inscheme, strategy - an elaborate and systematic plan of action |
Pyramid scheme
Pyramid schemeAn illegal, fraudulent scheme in which a con artist convinces victims to invest by promising an extraordinary return but instead simply uses newly invested funds to pay off any investors who insist on terminating their investment.pyramid scheme
Words related to pyramid schemenoun a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruitRelated Words |