Ponzi
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See also: ponzi
English[edit]
Etymology[edit]
Named after con artist Charles Ponzi (1882–1949) who notoriously ran such type of scam.
Pronunciation[edit]
- (Received Pronunciation) IPA(key): /ˈpɒnzi/
- (General American) IPA(key): /ˈpɑnzi/
- Rhymes: -ɒnzi
Adjective[edit]
Ponzi (not comparable)
- (finance) Pertaining to a scheme whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable.
- 2012 March 8, “Fraudster jailed for Britain's biggest Ponzi scam”, in The Guardian[1]:
- Officers, who say he [Kautilya Nandan Pruthi] was Britain's most prolific Ponzi fraudster "by some way", fear that only around £2m will be returned to his victims.
Noun[edit]
Ponzi (plural Ponzis)
- A Ponzi scheme.
- 2003, Ben Armstrong, Catching Up to Crypto, page 67:
- To be fair, degenerate gambling and poorly designed Ponzis have consumed some corners of the crypto market, […]
Italian[edit]
Etymology[edit]
From the personal name Ponzio.
Proper noun[edit]
Ponzi m or f by sense
- a surname originating as a patronymic
Anagrams[edit]
Categories:
- English eponyms
- English 2-syllable words
- English terms with IPA pronunciation
- Rhymes:English/ɒnzi
- Rhymes:English/ɒnzi/2 syllables
- English lemmas
- English adjectives
- English uncomparable adjectives
- en:Finance
- English terms with quotations
- English nouns
- English countable nouns
- Italian lemmas
- Italian proper nouns
- Italian masculine nouns
- Italian feminine nouns
- Italian nouns with multiple genders
- Italian masculine and feminine nouns by sense
- Italian surnames
- Italian surnames from patronymics