Ponzi scheme
noun Etymology: Charles Ponzi died 1949 American (Italian-born) swindler Date: 1973 an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks

New Collegiate Dictionary. 2001.

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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

  • Ponzi scheme — or Ponzi game [pän′zē] n. 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 * * * …   Universalium

  • Ponzi scheme — or Ponzi game [pän′zē] n. 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 …   English World dictionary

  • Ponzi scheme — investment scam by which early investors are paid off from the contributions of later ones, 1957, in reference to Charles Ponzi, who perpetrated such a scam in U.S., 1919 20 …   Etymology dictionary

  • Ponzi scheme — A Ponzi scheme is a fraudulent investment operation that involves promising or paying abnormally high returns ( profits ) to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business …   Wikipedia

  • Ponzi Scheme — A fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This scam actually yields the promised returns to earlier investors, as… …   Investment dictionary

  • Ponzi scheme —  A fraudulent financial proposition where initial investors are promised very high rates of return; Eventually the scheme collapses. The phrase is named after Charles Ponzi, who in 1919 created the Security and Exchange Company, promising… …   American business jargon

  • Ponzi scheme — noun A Ponzi scam. <!Any pyramid scheme, or a particular kind? They are virtually synonymous it seems <!Is Ponzi capitalised? 98/ first 100 raw b.g.c. hits are for capitalized Ponzi …   Wiktionary

  • Ponzi scheme — /ˈpɒnzi skim/ (say ponzee skeem) noun a fraudulent investment scheme in which initial investors are paid dividends using the income derived from later investors rather than real profits. {named after Charles Ponzi, 1882–1949, who first used this… …   Australian English dictionary

  • Ponzi scheme — named for pyramid scheme based in Boston in 1920, run by Charles Ponzi …   Eponyms, nicknames, and geographical games

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