Pon·zi scheme

Pon·zi scheme
/ˈpɑːnzi-/ noun, pl ⋯ schemes [count]

Useful english dictionary. 2012.

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  • Ponzi scheme — Pon·zi scheme / pän zē ˌskēm/ n [Charles A. Ponzi (ca. 1882–1949), Italian born American swindler]: an investment swindle in which early investors are paid with sums obtained from later ones in order to create the illusion of profitability… …   Law dictionary

  • Ponzi scheme — Pon‧zi scheme [ˈpɒnzi skiːm ǁ ˈpɑːn ] ➔ scheme * * *    A fraudulent investment scheme that promises high returns which are derived from an inflow of new investors funds rather than from sound investments. The scheme collapses when there are not… …   Financial and business terms

  • pyramid scheme — pyramid .scheme also Pon|zi scheme [ˈpɔnzi ski:m US ˈpa:n ] n a dishonest and often illegal way of selling ↑investments, in which money from people who ↑invest later is used to pay people in the system who have already invested …   Dictionary of contemporary English

  • Ponzischeme — Pon·zi scheme (pŏnʹzē) n. An investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later ones.   [After CharlesPonzi (1882? 1949), Italian born speculator who… …   Universalium

  • Ponzi — Pon•zi [[t]ˈpɒn zi[/t]] n. com a swindle in which a quick return on an initial investment paid out of funds from new investors lures the victim into bigger risks. Also called Pon′zi scheme • Etymology: after Charles Ponzi (died 1949), the… …   From formal English to slang

  • Ponzi — /pon zee/, n. a swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks. Also called Ponzi game, Ponzi scheme. [after Charles Ponzi (died 1949), the organizer of such… …   Universalium

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