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pyramid scheme

n.
1.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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    Idiom of the Day

    take a bath (on something)
    to lose much money on something, to be ruined financially
    My aunt took a bath on the stock market last year and she is afraid to buy stocks now.



    1.
    The region is likely to witness a ...... up as competition for its precious resources ......

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