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Meaning of chit fund | Babel Free

Noun CEFR B2

Definitions

A banking system popular in South Asia whereby a group of individuals agree to save or borrow together for a specified amount of time.

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

chit-chat Chita Chita Oblast chital chitarrone chitarronist