The story
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A Meitei traditional economic system of saving, where each member of a like-minded group of people contributes certain equal amount of money regularly for a particular period of time, and each member will be given a turn of acquiring the total contribution in each installment. Full definition →
Etymology from Wiktionary, CC BY-SA 4.0.