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We found 3 dictionaries that define the word chit fund:

General (3 matching dictionaries)
  1. chit fund: Oxford Learner's Dictionaries
  2. Chit fund: Wikipedia, the Free Encyclopedia
  3. chit fund: Wiktionary

Definitions from Wiktionary (chit fund)

noun:  (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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