pyramiding
Definitions
Banking
- noun the process of building up a major group by acquiring controlling interests in many different companies, each larger than the original company
- noun the illegal practice of using new investors’ deposits to pay the interest on the deposits made by existing investors
Economics
- noun the action of building up a major group by acquiring controlling interests in many different companies, each larger than the original company
Forex
- The act of adding to a winning position by using the unrealized gains on the outstanding position as security for taking on a larger position. Forex traders using a pyramiding strategy will often add to winning trades in amounts that get smaller each time.
Law
- noun illegally using new investors’ deposits to pay the interest on the deposits made by existing investors
Sports
- noun the practice of increasing the weight for each set while decreasing the number of reps performed
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