PYRAMIDING
\pˈɪɹɐmˌa͡ɪdɪŋ], \pˈɪɹɐmˌaɪdɪŋ], \p_ˈɪ_ɹ_ɐ_m_ˌaɪ_d_ɪ_ŋ]\
Sort: Oldest first
By Princeton University
-
Used in finance to pay off one loan by taking out another loan. This continues until the whole scheme collapses and the borrower declares bankruptcy in order to relieve himself of the debt. In corporate business it involves purhasing shares and buying up small companies in order to control the major company. Using profits on paper to build a finance portfolio.
By Henry Campbell Black
Word of the day
Two Hybrid Method
- Screening techniques identify genes encoding interacting proteins. Variations are used to evaluate complex interplay between proteins and other molecules.