See Also: vilify(dictionary)
vilify(dictionary)
Ponzi scheme(finance)
Ponzi scheme(dictionary)

Ponzi scheme (iou) and vilify (oh)


Ponzi scheme (iou)



Ponzi scheme noun phr. US. E20.
[Charles Ponzi (d. 1949), who perpetrated such a fraud 1919-20.]
A form of fraud in which belief in the Success of a non-existent enterprise is fostered by payment of quick returns to the first investors from money invested by others.

vilify (oh)



[T]
[Date: 1400-1500; Language: Late Latin; Origin: vilificare 'to make less valuable', from Latin vilis ( VILE) + facere 'to make']
formal to say or write bad things about someone or something
vilify sb/sth for (doing) sth
::Johnson was vilified in the press for refusing to resign.
-- vilification /7vIlZfZ5keIFEn/ n [U]