What is the definition of Pyramid selling? | Dictionary.net

PYRAMID SELLING

\pˈɪɹɐmˌɪd sˈɛlɪŋ], \pˈɪɹɐmˌɪd sˈɛlɪŋ], \p_ˈɪ_ɹ_ɐ_m_ˌɪ_d s_ˈɛ_l_ɪ_ŋ]\

Definitions of PYRAMID SELLING

1910 - Black's Law Dictionary (2nd edition)

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This a network of marketing that is illegal in most countries. In order to sell retail products a person has to pay a joining fee. Only the person initiating the scheme makes any money.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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