pyramiding

Speech parts

1. pyramiding - Noun

2. pyramiding - Verb

Meaning

a fraudulent business practice involving some form of pyramid scheme e.g., the chain of distribution is artificially expanded by an excessive number of distributors selling to other distributors at progressively higher wholesale prices until retail prices are unnecessarily inflated

Synonyms

Hypernyms

Examples

Taxing business-to-business service transactions would result in highly inefficient and economically distorting tax pyramiding. Source: Internet

“From 2013 on the pressure was pyramiding on and my mind was absolutely nowhere. Source: Internet

Martinez wants to lift the tax burden created by pyramiding. Source: Internet

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