In English, many things are named after a particular country – but have you ever wondered what those things are called in those countries?
1estafa Ponzi feminineestafa piramidal feminine
- Instead of bilking people in Ponzi schemes, some CEOs fleece investors by claiming to have achieved enormous profits in the previous year, when the company actually made much less or even suffered a loss.
- These returns were actually generated from the principal of members who joined later - a classic Ponzi scheme which uses new money to pay off old ‘profits’.
- When such ventures are attempted in the private sector, they go by the name of pyramid or Ponzi schemes and constitute criminal fraud.
- Named after Charles Ponzi, who ran such a plot from 1919-1920, the Ponzi scheme is a fraudulent investment plan.
- It's a bit like a Ponzi scheme, where initial investors are paid off with money from subsequent investors to make it appear that the investment is a success and drum up more investors by word of mouth.
English has borrowed many of the following foreign expressions of parting, so you’ve probably encountered some of these ways to say goodbye in other languages.
Many words formed by the addition of the suffix –ster are now obsolete - which ones are due a resurgence?
As their breed names often attest, dogs are a truly international bunch. Let’s take a look at 12 different dog breed names and their backstories.