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pyramid selling

Line breaks: pyra|mid sell|ing

Definition of pyramid selling in English:


[mass noun]
A system of selling goods in which agency rights are sold to an increasing number of distributors at successively lower levels.
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.

Definition of pyramid selling in:

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Pronunciation: pɪət
lively; cheerful