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pyramid scheme

Noun CEFR B2

Definitions

An illicit money-making investment scheme whereby early investors are paid primarily or wholly by later investors. Eventually all such schemes fail to the detriment of recent (later) investors.

Equivalents

11 more languages

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

pyramid seller pyramid selling pyramid sight Pyramid Texts pyramid trading Pyramidal

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