WordofTheDay.US

pyramid

/ˈpɪɹ.ə.mɪd/ noun

In Latin: pyramis Wiktionary

noun Definition from WordNet 3.1, Princeton University. Pronunciation from Wiktionary, via Kaikki.org. More about pyramid at Wordnik → Where our words come from →

  1. A polyhedron having a polygonal base and triangular sides with a common vertex.
  2. (stock market) a series of transactions in which the speculator increases his holdings by using the rising market value of those holdings as margin for further purchases.
  3. A massive monument with a square base and four triangular sides; begun by Cheops around 2700 BC as royal tombs in ancient Egypt.

verb

  1. Enlarge one's holdings on an exchange on a continued rise by using paper profits as margin to buy additional amounts.
  2. Use or deal in (as of stock or commercial transaction) in a pyramid deal.
  3. Arrange or build up as if on the base of a pyramid.

Origin

From French pyramide, from Old French piramide, from Latin pȳramis, pȳramidis, from Ancient Greek πῡραμίς (pūramís), possibly from πῡρός (pūrós, “wheat”) + ἀμάω (amáō, “reap”) or from Egyptian pr-m-ws (“height of a pyramid”), from pr (“(one that) comes forth”) + m (“from”) + ws (“height”). Schenkel and K. Lang proposed hypothetical Coptic *ⲡⲓⲣⲁⲙ (*piram) or *ⲫⲣⲁⲙ (*phram) derived from Egyptian mr via metathesis as a source of πῡραμίς (pūramís) while Schenkel also suggested it being the source of Arabic هَرَم (haram) although the latter is considered far-fetched by Takacs.

From Wiktionary, via Kaikki.org (CC BY-SA)