Definition of pyramid selling in English:

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pyramid selling

Pronunciation:

noun

[mass noun]
A system of selling goods or services in which each salesperson recruits further salespeople, resulting in a hierarchy in which each member is receives returns from the sales made by those below them.
Example sentences
  • What is to stop people from holding sessions on the Atkins Diet, on Scientology, or on pyramid selling?
  • The act explains the differences between multi-level marketing and pyramid selling.
  • However, the Chinese Government has labeled network marketing as pyramid selling, and banned it completely.
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