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Meaning of ‘pyramid’
6 definitions found.
a series of transactions in which the speculator increases his holdings by using the rising market value of those holdings as margin for further purchases, often in the stock market
Example: "The stock broker got in trouble for setting up a pyramid scheme."
a polyhedron having a polygonal base and triangular sides with a common vertex
increase rapidly and progressively step by step on a broad base
arrange or build up as if on the base of a pyramid
use or deal in (as of stock or commercial transaction) in a pyramid deal
enlarge one's holdings on an exchange on a continued rise by using paper profits as margin to buy additional amounts
Source: WordNet 3.0 Copyright 2006 by Princeton University
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