| NOUN | cognition | pyramid scheme | 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 |
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| Meaning | 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. | |
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| Broader | scheme, strategy | An elaborate and systematic plan of action |
| Spanish | esquema piramidal, pirámide | |
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