chit

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chit

a voucher for a sum of money owed, esp for food or drink
References in periodicals archive ?
However, the subscription to the chit funds should be routed through the normal banking channel, including through an account maintained with a bank in India.
Mohapatra, who was interrogated by the central investigating agency, had also hinted at a political conspiracy and alleged witch hunt by the state government against some chit fund companies.
Promoters put up a stern defence and say chit funds are the only financial product that gives people the option to both save and borrow, and the scams are giving them a reputation that is undeserved.
Each chit gives full access to its subscription; there is no separate user name or password.
The sources said Tuesday the two suspects told the police that they had told Hinomaru the taxi chits would also be used by workers outside the secretariat who missed their last trains.
Scott Taylor called requesting info on Public Affairs taxi chits.
AMO providing assistance in the development of markets for entretein work of CHITS.
This isn't the proud Indian Rupee we're talking about, this is its less distinguished neighbour: the clean chit.
They're being asked to lay those chits down where they think growth should go, in an attempt to reach some rudimentary consensus about how to handle future growth.
There is nothing wrong with chit funds per se; if chosen with care, they can be a good place to park your funds
i) Draft Model Rules on the Multi Level Marketing Companies and on the prohibited schemes under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978;
KARACHI, November 27, 2009 (Frontier Star): Workers of Awami National Party (ANP) following the footsteps of MQM have started distributing chits among the people in their homes in several sectors of Karachi North and East for forcibly collecting hides of sacrificial animals on the eve of Eid ul Azha for Bacha Khan Trust and have also threatened people of dire consequences if the hides are not given to party workers.