Definition of pyramid selling in English:
A system of selling goods in which agency rights are sold to an increasing number of distributors at successively lower levels.
- 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:
- US English dictionary