English
Noun
multi-level marketing
- Business system where goods and services are sold through a pyramid structure, with distributors on the top supplying others lower down the scale in return for commission.
Adjective
- The term is sometimes used as an adjective, as...
- A multi-level marketing meeting will take place next week.
Note
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.
Related Terms
Pyramid scheme
Ponzi scam