mua họ
Definition
- Verb phrase:
- To buy back one's share in a rotating savings association (họ/hụi): The act of reclaiming or repurchasing one's own financial contribution or share within a traditional Vietnamese rotating credit association, typically to exit the arrangement or settle one's position.
Usage Examples
- Verb phrase:
- Vì cần tiền gấp, chị ấy đã quyết định mua họ. (Because she needed money urgently, she decided to buy back her share in the credit circle.)
- Sau khi mua họ, anh ta không còn tham gia vòng hụi đó nữa. (After buying back his share, he no longer participated in that rotating savings group.)
Advanced Usage
- The action often involves paying the current holder of the share a sum to reclaim the right to the future payout or to withdraw one's committed capital from the rotating fund.
Variants and Related Words
- Họ / Hụi / Biêu / Phường (n): A traditional rotating savings and credit association (ROSCA). A group of individuals who contribute money periodically, and each member receives the total collected sum (the "pot") in a predetermined or bid-upon order.
- Góp họ (v): To contribute a periodic payment to the .
- Được họ (v): To receive the collected pot in one's turn.
- Chủ họ (n): The organizer or manager of the association.
Synonyms
- To redeem one's share (in a ROSCA): To recover one's stake by payment.
- To repurchase one's position: To buy back one's place in a financial arrangement.
Notes on Cultural Context
- "Họ" is a deeply embedded informal financial system in Vietnamese culture. The term "mua họ" is a specific transaction within this system. It is not a standard commercial "purchase" but a financial settlement within a trust-based community agreement. The process and rules are governed by the group's internal customs, not formal law.