Definition of pyramid selling noun from the Oxford Advanced Learner's Dictionary


pyramid selling

BrE BrE//ˌpɪrəmɪd ˈselɪŋ//
; NAmE NAmE//ˌpɪrəmɪd ˈselɪŋ//
[uncountable] Marketing
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a way of selling things in which somebody buys the right to sell a company’s goods and then sells the goods to other people. These other people sell the goods again to others. See related entries: Marketing