Ponzi

See also: ponzi

English

Etymology

Derived from the name of Charles Ponzi, the businessman who invented the scam.

Pronunciation

  • IPA(key): ˈpɒnzi
  • Rhymes: -ɒnzi

Adjective

Ponzi (not comparable)

  1. Whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable.

Noun

Ponzi (plural Ponzis)

  1. A Ponzi scam.
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