pyramid

²pyramid

verb

Definition of PYRAMID

intransitive verb

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

First Known Use of PYRAMID

circa 1900