Meaning Of The Word Ponzi scheme
What's the definition of Ponzi scheme? Find Ponzi scheme meanings, definitions and more at the Real Dictionary online.
Ponzi scheme Meaning
| Ponzi scheme Definition |
|---|
What's The Definition Of Ponzi scheme?
Ponzi scheme in American English
a fraudulent investment scheme in which funds paid in by later investors are used to pay artificially high returns to the original investors, thus attracting more funds Ponzi scheme in British English noun: a fraudulent investment operation that pays quick returns to initial contributors using money from subsequent contributors rather than profit |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Juggle ‐ to perform skillful tricks of sleight of hand…
- Como ‐ commune in N Italy, on Lake Como: pop. 90,000…
- Transsonic ‐ transonic…
- Hurdy-gurdies ‐ noun: any mechanical musical instrument, such…
- Freestyling ‐ noun: the practice of improvising scenes when…
- San Antonian ‐ adjective: of or relating to San Antonio or its…
- Urban legend ‐ a purportedly true, typically sensational, incident…
- Almsgiving ‐ noun: the making of charitable donations, giving…
- Deep-draw ‐ transitive verb: to form (tubing, containers…
- Paedophile ring ‐ noun: a group of people who take part in illegal…