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ROSCAs and Chit Funds

4,578 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

88%
  • 7:26 / 8:25

Speech Rate:

  • 178 wpm - Fast

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

dollars

/ˈdälər/

dollars
noun other

basic monetary unit of US, Canada, Australia, and certain countries in Pacific. Basic units of money equal to 100 cent.

savings

/ˈsāviNG/

savings
noun other

economy of or reduction in money, time. Money people keeps as a reserve.

looking

/ˈlo͝okiNG/

looking
adjective verb

having specified appearance. To appear to be when you look at them; seem.

eligible

/ˈeləjəb(ə)l/

eligible
adjective

having right to do or obtain something.

suppose

/səˈpōz/

suppose
verb

think or assume that something is true or probable but lack proof.

remaining

/rəˈmāniNG/

remaining
adjective verb

still existing, present, or in use. To be left undone (after other things changed).

advantage

/ədˈvan(t)ij/

advantage
noun verb

favourable condition/circumstance. put in favourable position.

randomly

/ˈrandəmlē/

randomly
adverb

without method or conscious decision.

creating

/krēˈāt/

creating
verb

bring into existence.

receive

/rəˈsēv/

receive
verb

To allow someone to become a member (of a club).

rotating

/ˈrōˌtāt/

rotating
verb

To regularly change the crops that grow in a field.

received

/rəˈsēvd/

received
adjective verb

widely accepted as authoritative or true. To allow someone to become a member (of a club).

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