Named after Charles Ponzi, a notorious Italian fraudster. This is an investment scheme (similar to a pyramid scheme) that pays returns to investors from their own money or from other investors instead of from any actual profits made.
A contract that gives the buyer/ investor the right- but not the obligation, to buy- or sell an in the future at an agreed time and price.
Activities that directly affect cash inflows and cash outflows, as opposed to investing and financing activities, resulting in net income.
A fast and efficient online accounting system that provides access to Sage Accounts and Sage Payroll
A public invitation to buy a company’s shares in the stockmarket.
Large capital expenditures that are kept off the balance sheet to keep debt to equity ratio low e.g. joint ventures and other financing activities.