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pyramid selling |
Also found in: Encyclopedia, Hutchinson | 0.02 sec. |
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pyramid selling n
(Business / Commerce) a practice adopted by some manufacturers of advertising for distributors and selling them batches of goods. The first distributors then advertise for more distributors who are sold subdivisions of the original batches at an increased price. This process continues until the final distributors are left with a stock that is unsaleable except at a loss Translations pyramid selling n → ˜ Schneeballsystem nt How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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