English - English
Definition of ponzi scam in English English dictionary
- A fraudulent scheme where earlier investors are paid with the money taken from new investors, giving the impression that the scheme is a viable investment
- Alternative form of Ponzi scam
- Ponzi scams
- plural form of Ponzi scam
- ponzi scams
- plural form of ponzi scam, an alternative form of Ponzi scam
Related Terms
ponzi scam
Turkish pronunciation
pänzi skämPronunciation
/ˈpänzē ˈskam/ /ˈpɑːnziː ˈskæm/
Etymology
() Named after the swindler Carlo (Charles) Ponzi.Resimler
History
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