Dictionary
scheme
a plan or a programme
Under the new scheme, each employee will receive a certain number of Class B shares.
a combination of elements that are connected, adjusted, and integrated by design
The Ministers proposed a new regulatory scheme.
an unethical or fraudulent plan
The officers were implicated in a complex scheme to defraud investors.
Phrase Bank
- This action fits into the larger scheme.
- The group participated in a collective investment scheme.
- The creditors entered into a scheme of arrangement.
Additional Notes
- A scheme of arrangement is a court-approved agreement between a company and its shareholders or creditors.