PYRAMID

(stock market) a series of transactions in which the speculator increases his holdings by using the rising market value of those holdings as margin for further purchases.

A polyhedron having a polygonal base and triangular sides with a common vertex.

Increase rapidly and progressively step by step on a broad base.

Arrange or build up as if on the base of a pyramid.

Use or deal in (as of stock or commercial transaction) in a pyramid deal.

Enlarge one's holdings on an exchange on a continued rise by using paper profits as margin to buy additional amounts.

WordNet

Pyramid

A massive memorial with a square base and four triangular sides; built as royal tombs in ancient Egypt.

WordNet

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