pyramid


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Related to pyramid: pyramid scheme, Pyramid power

Pyramid

1. To use unrealized profits from margin transactions to increase one's margin. That is, one uses unrealized profits as collateral on a margin account in order to borrow more money from a brokerage to buy more securities.

2. To borrow to expand a company's operations.

3. See: Ponzi Scheme.

pyramid

A classic investment fraud in which the operator pays promised high returns to current investors from the contributions made by new investors. Thus, funds are never invested in any productive assets but are simply paid out as a return to existing owners. The operator must continue to attract more and more investors in order to pay a return to those who have already committed their funds. Also called Ponzi scheme.

pyramid

To use profits derived from a profitable security position in combination with borrowed money in order to acquire an even larger investment position. Pyramiding, which is very risky, allows an investor the possibility of greater profits by using a given amount of funds to control the maximum amount of securities.
References in classic literature ?
After a journey of several hours they came to a point where the river curved, and they found they must cross a mile or so of the Valley before they came to the Pyramid Mountain.
Napoleon, the pyramids, Waterloo, and a wretched skinny old woman, a pawnbroker with a red trunk under her bed--it's a nice hash for Porfiry Petrovitch to digest
There was now employment for the whole party-- for though they could not all talk, they could all eat; and the beautiful pyramids of grapes, nectarines, and peaches soon collected them round the table.
Little low hedges, round, like welts, with some pretty pyramids, I like well; and in some places, fair columns upon frames of carpenter's work.
The Pyramids of Egypt are a proof of this, and the votive edifices of the Cyposelidse, and the temple of Jupiter Olympus, built by the Pisistratidae, and the works of Polycrates at Samos; for all these produced one end, the keeping the people poor.
The journey to Cairo, one hundred and thirty miles by rail, can be made in a few hours, and from which can be visited the site of ancient Memphis, Joseph's Granaries, and the Pyramids.
The Egyptians, look you, are men who, ever since the world has been the world, have been in the habit of having giants to reign over them, and armies like swarms of ants; because it is a country full of genii and crocodiles, where they have built up pyramids as big as our mountains, the fancy took them to stow their kings under the pyramids, so as to keep them fresh, a thing which mightily pleases them all round out there.
Then we are drawn up before Alexandria, and again at Gizeh, and before the Pyramids.
Belzoni digs and measures in the mummy-pits and pyramids of Thebes, until he can see the end of the difference between the monstrous work and himself.
The fact teaches him how Belus was worshipped and how the Pyramids were built, better than the discovery by Champollion of the names of all the workmen and the cost of every tile.
Why should she be such a little--tall, I mean--goose, as to hate the Pyramids, Rosa?
But it was augmented and rendered sublime by the mighty Alps, whose white and shining pyramids and domes towered above all, as belonging to another earth, the habitations of another race of beings.