Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “Ponzi scheme”

Ponzi scheme

noun [C] uk   /ˈpɒn.ziˌskiːm/ us    /ˈpɑːn-/
a way of deceiving investors (= people who give money to a company hoping to get more back) by using the money they give to pay interest to existing customers rather than investing it
(Definition of Ponzi scheme from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of Ponzi scheme?
Add Cambridge dictionaries to your browser to your website

Definitions of “Ponzi scheme” in other dictionaries

Word of the Day

sling

to throw or drop something carelessly

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More