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4 Results for Tag: schemes

Ponzi Scheme

DefinitionBy definition, a Ponzi scheme is a fraudulent investment that involves the payment of purported returns to existing investors from funds contributed by new investors. It is an inve

Undertakings For The Collective Investment Of Transferable Securities (UCITS)

Undertakings For The Collective Investment Of Transferable Securities (UCITS) What is the 'Undertakings For The Collective Investment Of Transferable Securities - UCITS' The Undertakings f

Offshore Mutual Fund

Offshore Mutual Fund What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside the United States. The term is ofte

Lapping Scheme

Lapping Scheme What is a 'Lapping Scheme' A lapping scheme is an accounting method that involves altering the accounts receivable section of the balance sheet when cash that is intended fo