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By Zhuge Liang
What Does Bid Whacker Mean? 
What Does Ponzi Scheme Mean? 
A fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This scam actually yields the promised returns to earlier investors, as long as there are more new investors. These schemes usually collapse on themselves when the new investments stop.
The Ponzi scam is named after Charles Ponzi, a clerk in Boston who first orchestrated such a scheme in 1919.
A Ponzi scheme is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers. One difference between the two schemes is that the Ponzi mastermind gathers all relevant funds from new investors and then distributes them. Pyramid schemes, on the other hand, allow each investor to directly benefit depending on how many new investors are recruited. In this case, the person on the top of the pyramid does not at any point have access to all the money in the system.
For both schemes, however, eventually there isn't enough money to go around and the schemes unravel.
What Does Bulldog Market Mean?
A slang term for the stock market in the United Kingdom. Bulldog market is usually used by non-U.K. residents. It is an allusion to the Great Britain's famous pooch the British bulldog.
The term Bulldog market was used in business slang but has become widely accepted, much like the "Yankee market" refers to U.S. markets and "samurai market" refers to the market in Japan.
Bulldog market is unrelated to the term "bull market" which describes a market on the rise.
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What Does Bid Whacker Mean?
A slang term for an investor who sells shares at or below the bid price. This is considered outside the norm, as sellers normally settle for a price between the bid and ask quotes.
The person is said to "whack the bid down", since selling at or below the bid will usually lower future bids. Bid whacking usually perturbs other sellers, since it may temporarily drive down the market price of a security.
The person is said to "whack the bid down", since selling at or below the bid will usually lower future bids. Bid whacking usually perturbs other sellers, since it may temporarily drive down the market price of a security.
What Does Ponzi Scheme Mean?
A fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. This scam actually yields the promised returns to earlier investors, as long as there are more new investors. These schemes usually collapse on themselves when the new investments stop.The Ponzi scam is named after Charles Ponzi, a clerk in Boston who first orchestrated such a scheme in 1919.
A Ponzi scheme is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers. One difference between the two schemes is that the Ponzi mastermind gathers all relevant funds from new investors and then distributes them. Pyramid schemes, on the other hand, allow each investor to directly benefit depending on how many new investors are recruited. In this case, the person on the top of the pyramid does not at any point have access to all the money in the system.
For both schemes, however, eventually there isn't enough money to go around and the schemes unravel.
What Does Bulldog Market Mean?
A slang term for the stock market in the United Kingdom. Bulldog market is usually used by non-U.K. residents. It is an allusion to the Great Britain's famous pooch the British bulldog.The term Bulldog market was used in business slang but has become widely accepted, much like the "Yankee market" refers to U.S. markets and "samurai market" refers to the market in Japan.
Bulldog market is unrelated to the term "bull market" which describes a market on the rise.
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1 comment:
Well here's another potential ponzi scheme...
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