Meanings
nounchit fund (plural chit funds)
plural chit funds
- businessA banking system popular in South Asia whereby a group of individuals agree to save or borrow together for a specified amount of time.
Synonyms & antonyms
Also see
Cite this entry
APA
chit fund. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/chit%20fund
MLA
“chit fund.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/chit%20fund. Accessed November 2, 2026.
Chicago
WatkinsX Dictionary, s.v. “chit fund,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/chit%20fund.
Source: chit fund on Wiktionary, CC BY-SA 4.0.