"chit fund" meaning in English

See chit fund in All languages combined, or Wiktionary

Noun

Forms: chit funds [plural]
Head templates: {{en-noun}} chit fund (plural chit funds)
  1. (finance) A banking system popular in South Asia whereby a group of individuals agree to save or borrow together for a specified amount of time. Wikipedia link: chit fund Categories (topical): Finance
    Sense id: en-chit_fund-en-noun-JHOT6e89 Categories (other): English entries with incorrect language header Topics: business, finance

Inflected forms

Download JSON data for chit fund meaning in English (1.1kB)

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        "(finance) A banking system popular in South Asia whereby a group of individuals agree to save or borrow together for a specified amount of time."
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-05-03 from the enwiktionary dump dated 2024-05-02 using wiktextract (f4fd8c9 and c9440ce). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.