pyramid

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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 periodicals archive ?
Like AllianceBernstein and Pyramis, Harrison Street is a bottom-up investor, building portfolios stock by stock.
Pyramis and HeartCentrix improve patient care, maximize workflow, and seamlessly integrate Burdick/Quinton devices with EMR applications.
Pyramis Global Advisors Trust Company Michael Jones
Most recently, he was portfolio manager and executive director at Pyramis Global Advisors (Hong Kong) Ltd.
Mahoney, an industry veteran with over 30 years of experience in investment and advisory roles for institutions, pensions, non-for-profit, foundations and endowments, previously was SVP at Pyramis Global Advisors, responsible for business development and client service for Taft-Hartley clients.
Pyramis and HeartCentrix improve patient care; maximize workflow; seamlessly integrate Burdick/Quinton devices with EMR applications.
Spacelabs Medical, Redmond Wash., and Micro Medical Systems, Sioux Falls, S.D., announced a strategic partnership to merge Spacelabs Burdick Pyramis ECG management system with Micro Medical's CardioNet Cardiology Information System, SpaceLabs says.
Fidelity's Pyramis Global Advisors Trust Company in Merrimack happens to be biggest trust company regulated by the state in terms of assets, with some $85 billion held in trust in 2011.