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kye

kye

9.9
A group where people pay money and take turns getting the whole pot
  • noun
  • Archaic
translation icon : kye
  • Each month, members of the kye contribute a set amount and one person receives the total.

Examples

  • They formed a kye to save for a new community center.

  • Participating in a kye helped him manage his finances and build trust with friends.

  • She joined a kye with her coworkers to help save for a vacation.

  • A kye is a great way to save.

  • Many Korean families participate in a kye to save money together for special occasions.

  • In their community, friends form a kye to help each other with monthly expenses.

  • She joined a local kye to save for a vacation by contributing a set amount each month.

Synonyms

chitty
vskye
  • Indian
9.9

A savings club where people pay money regularly and take turns getting the shared money

is the same rotating fund without the regional label
slate club
vskye
8.4

A group of people who regularly put money into a shared fund and get it before Christmas

works as an ongoing rotation where members take turns receiving the total collected

Surface Forms

kye singular
kyes plural

Etymology

The word kye is used in some communities for a rotating savings club, and a helpful way to remember it is to think of a kitty, a shared pot of money that people add to and take turns receiving. So a kye is a group saving plan where members regularly contribute and one person gets the total each time.