Children's, Intermediate and Advanced Online English Dictionary & Thesaurus

Comprehensive
Dictionary Suite
Help
Help
Help
 
Advanced Dictionary    
Display options
 
Lookup History
Ponzi scheme

Ponzi scheme

 
pronunciation:
pan zi skim
part of speech: noun
definition: a dishonest investment scheme in which early investors receive artificially high returns from money paid in by later investors, the high returns being publicized to attract further investors.