Main Entry:

²pyramid

Function:

verb

Date:

circa 1900

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