Ponzi Schemes

Clawback
A clawback is a provision in a law or contract that limits or reverses a payment or distribution for specified reasons.
Pyramiding
Pyramiding refers to various financial and business strategies, both legitimate and fraudulent, that involve the use of financial leverage, excess distribution chains, or dealership networks designed for growth rather than product utility.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.