Multi-level marketing
WiktionaryText
Noun
multi-level marketing
- A business system where goods and services are sold through a pyramid scheme structure, with distributors on the top supplying others lower down the scale in return for commission.
Usage notes
Multi-level marketing is considered a legitimate business if the emphasis is primarily on the sale of products or service. See related terms for details of illegal schemes that rely heavily on recruitment of new investors to make money.