Help Wordnik hunt for a million missing words by backing our Kickstarter!


from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. An investment swindle in which high profits are promised from fictitious sources and early investors are paid off with funds raised from later ones.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A Ponzi scam.


After Charles Ponzi (1882?-1949), Italian-born speculator who organized such a scheme (1919-1920).
(American Heritage® Dictionary of the English Language, Fourth Edition)
From Charles Ponzi, who famously conducted a pyramid scheme in North America in the early twentieth century. (Wiktionary)


Sorry, no example sentences found.


Log in or sign up to get involved in the conversation. It's quick and easy.