Meaning of PYRAMID in English


Function: intransitive verb

Date: circa 1900

1 : to speculate (as on a security or commodity exchange) by using paper profits as margin for additional transactions

2 : to increase rapidly and progressively step by step on a broad base

transitive verb

1 : to arrange or build up as if on the base of a pyramid

2 : to use (as profits) in speculative pyramiding

3 : to increase the impact of (as a tax assessed at the production level) on the ultimate consumer by treating as a cost subject to markup

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.