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
- Disperse system ‐ a two-phase colloidal system consisting of the…
- Shunter ‐ noun: a small railway locomotive used for manoeuvring…
- Parachronism ‐ noun: a chronological error in which a person…
- Kath and Kim ‐ noun: a personification of the White population…
- Longipennate ‐ adjective: (of birds) having long slender wings…
- Facecloth ‐ countable noun: A facecloth is the same as a face…
- Colorize ‐ to prepare a video version of (a black-and-white…
- After-hours ‐ after the regular hours for business, school…
- Chiasmatypy ‐ noun: the process of chiasma formation, which…
- Helpmann ‐ noun: Sir Robert. 1909–86, Australian ballet…