Ponzi scheme Meaning in the Cambridge English Dictionary
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Meaning of “Ponzi scheme” in the English Dictionary

"Ponzi scheme" in British English

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Ponzi schemenoun [C]

uk   /ˈpɒn.ziˌskiːm/  us   /ˈpɑːn-/
a way of ​deceiving investors (= ​people who give ​money to a ​companyhoping to get more back) by using the ​money they give to ​payinterest to ​existingcustomersrather than investing it
(Definition of Ponzi scheme from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"Ponzi scheme" in Business English

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Ponzi schemenoun [C]

uk   us   (also pyramid scheme)
FINANCE a way of ​deceivinginvestors in which ​money that a ​company receives from new ​customers for ​investment is not ​invested for them, but is used instead to ​payinterest that is ​owed to existing ​customers: He used the ​investors' ​retirementsavings to ​conduct a Ponzi ​scheme.
(Definition of Ponzi scheme from the Cambridge Business English Dictionary © Cambridge University Press)
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