NOUN
- 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 inflated
How To Use pyramiding In A Sentence
- Aggressive pyramiding of more and more units had a downside.
- Worse still, they will buy more, expecting that nice back-wind from the Fed to make pyramiding risk-free.
- To the extent that the Fed is able to monetize assets it can increase bank reserves, upon which banks can increase the money supply by pyramiding further.
- There are documented cases of wild tortoises that exhibit pyramiding - they live near soybean fields ( Highfield ).