Ponzi
Americannoun
Etymology
Origin of Ponzi
After Charles Ponzi (died 1949), the organizer of such a scheme in the U.S., 1919–20
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Despite centuries of regulation, Wall Street has seen repeated cycles of fraud and speculation, from Charles Ponzi to Bernie Madoff.
From Barron's
The careers of men like Charles Ponzi, Jesse Livermore, and Ivan Boesky remind us that one unprincipled gambler can still cause immense damage to respectable shareholders, the market itself, and even the nation.
From Barron's
That same year, Charles Ponzi arrived in America, nearly broke, having gambled away his savings on the voyage from his native Italy.
From Barron's
Essentially, Ponzi would buy stamps in Italy using the depressed lira, and redeem them for U.S. dollars at—he claimed—a net profit of 400%.
From Barron's
Ponzi established the Securities Exchange Co. and promised astonishing profits.
From Barron's
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
