Pyramid selling
Definitions
2
Posts
2
Posters
245
Views
-
in business, the act of someone buying the right to sell a companys goods, and then selling the goods to other people. These people then sell the goods to other people.
-
a way of making money, illegal in many places, in which someone sells people the right to sell a companys products. These people then sell the right to others, and this continues until many people have bought the right, with the original seller getting a share of every payment:
Explore More Definitions
Browse our collection of 300,000+ community-written definitions