Meaning of Ponzi | Babel Free
ˈpɒnziDefinitions
Pertaining to a scheme whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable.
not-comparable
Equivalents
Italiano
ponzi
Examples
“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.”
CEFR level
B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
This word is part of the CEFR B1 vocabulary — intermediate level.
See also
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