| slovo | definícia |
pyramid scheme
(encz) | pyramid scheme, n: |
pyramid scheme
(gcide) | Pyramid \Pyr"a*mid\, n. [L. pyramis, -idis, fr. Gr. ?, ?, of
Egyptian origin: cf. F. pyramide.]
[1913 Webster]
1. A solid body standing on a triangular, square, or
polygonal base, and terminating in a point at the top;
especially, a structure or edifice of this shape.
[1913 Webster]
2. (Geom.) A solid figure contained by a plane rectilineal
figure as base and several triangles which have a common
vertex and whose bases are sides of the base.
[1913 Webster]
3. pl. (Billiards) The game of pool in which the balls are
placed in the form of a triangle at spot. [Eng.]
[1913 Webster]
4. (Finance) a fraudulent investment scheme in which the
manager promises high profits, but instead of investing
the money in a genuine profit-making activity, uses the
money from later investors to pay the profits to earlier
investors; -- also called pyramid scheme or {pyramid
operation}. This process inevitably collapses when
insufficient new investors are available, leaving the
later investors with total or near-total losses of their
investments. The managers usually blame government
regulations or interference for the collapse of the
scheme, rather than admit fraud.
[PJC]
Altitude of a pyramid (Geom.), the perpendicular distance
from the vertex to the plane of the base.
Axis of a pyramid (Geom.), a straight line drawn from the
vertex to the center of the base.
Earth pyramid. (Geol.) See Earth pillars, under Earth.
Right pyramid (Geom.) a pyramid whose axis is perpendicular
to the base.
[1913 Webster] |
pyramid scheme
(wn) | pyramid scheme
n 1: 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 |
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