pyramid scheme - Meaning in Tamil
pyramid scheme - Meaning in Tamil
noun
- +1
Definitions and Meaning of pyramid scheme in English
pyramid scheme noun
- a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruit; when the number of new recruits fails to sustain the hierarchical payment structure the scheme collapses with most of the participants losing the money they put in
Description
A pyramid scheme is a business model which earns primarily by enrolling others into the scheme, however rather than earning income by sale of legitimate products to an end consumer, it mainly earns by recruiting new members with the promise of payments. As recruiting multiplies, the process quickly becomes increasingly difficult until it is impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
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What is pyramid scheme meaning in Tamil?
The word or phrase pyramid scheme refers to a fraudulent scheme in which people are recruited to make payments to the person who recruited them while expecting to receive payments from the persons they recruit; when the number of new recruits fails to sustain the hierarchical payment structure the scheme collapses with most of the participants losing the money they put in. See pyramid scheme meaning in Tamil, pyramid scheme definition, translation and meaning of pyramid scheme in Tamil. Learn and practice the pronunciation of pyramid scheme. Find the answer of what is the meaning of pyramid scheme in Tamil.
Other languages: pyramid scheme meaning in Hindi
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What is pyramid scheme meaning in Tamil, pyramid scheme translation in Tamil, pyramid scheme definition, pronunciations and examples of pyramid scheme in Tamil.
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