STOKVEL


Meaning of STOKVEL in English

/ ˈstɒkfel; NAmE ˈstɑːk-/ noun

( SAfrE ) a group of people who agree to pay regular amounts of money and take turns to receive all or part of what is collected

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WORD ORIGIN

from an Africanized pronunciation of stock-fair , denoting a periodical gathering of buyers and sellers of livestock.

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.