chồng họ
Definition
Noun: - A tontine payment: In the context of a traditional Vietnamese rotating savings and credit association (họ, hụi, biêu, phường), this term refers to the specific sum of money that a member is obligated to pay when it is their turn to receive the collective fund. It is the payment made into the pot by all other members when one member takes the "winning" turn.
Usage Examples
- Noun:
- Khi đến lượt tôi nhận hụi, tất cả các thành viên khác phải đóng chồng họ. (When it is my turn to receive the hụi fund, all other members must make their chồng họ payment.)
- Số tiền chồng họ mỗi kỳ là 1 triệu đồng. (The chồng họ amount per period is 1 million VND.)
- Anh ấy đã không thể trả chồng họ đúng hạn. (He couldn't pay his chồng họ on time.)
Advanced Usage
- "Đến kỳ đóng chồng họ": It's time to pay the tontine contribution.
- Ngày mai là đến kỳ đóng chồng họ cho chị Lan. (Tomorrow is the time to pay the chồng họ for Ms. Lan's turn.)
Variants and Related Words
- Họ (n) / Hụi (n) / Phường (n) / Biêu (n): The rotating savings and credit association (ROSCA) itself. These are regional terms for the same concept.
- Góp họ (v): To contribute to the họ fund (a general term for making periodic payments).
- Ăn họ (v): To receive or "win" the collective fund in one's turn.
Synonyms
- Phần đóng góp (trong họ/hụi): Contribution (in a ROSCA).
- Tiền góp vốn (cho kỳ họ): Capital contribution (for the ROSCA period).
Notes on Meaning
This term is highly specific to the cultural and financial practice of rotating savings clubs in Vietnam. It does not refer to a husband (another common meaning of "chồng") in this context. The core meaning is the mandatory payment made by members to the recipient of that period's fund.