Lexicarta

pyramid scheme

noun

Key Types & categories Parts & wholes Related & opposite
Word type
noun
verb
adjective
adverb
Line style
core relation
instance, member or derived
substance, domain or see-also
Direction
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Senses

Sense 1 noun

a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruit; when the number of new recruits fails to sustain the hierarchical payment structure the scheme collapses with most of the participants losing the money they put in

Types & categories

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SenseRelationGroupWord
1 hypernym Types & categories scheme