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sou-sou

British  
/ ˈsuːsuː /

noun

  1. an arrangement made among friends whereby each person makes regular contributions to a fund, the money being drawn out periodically by each individual in turn

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of sou-sou

probably of W African origin, influenced by French sou small coin, via Creole

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

The practice carries many names worldwide and among American immigrant communities, including tanda, sou-sou or tontine.

From Seattle Times ● Jun. 22, 2022

Although not commenting directly about the sou-sou or gifting circles, IRS spokesman Eric Smith said that under federal tax law, all income is taxable unless specifically exempted.

From Washington Post ● Aug. 7, 2020

The sou-sou can appear to be a success because early participants share testimonies of their substantial gains.

From Washington Post ● Aug. 7, 2020

Even if participating in a sou-sou pyramid scheme doesn’t bring grief directly to your door, it eventually will for others, and that makes it a corrupt way to enrich yourself.

From Washington Post ● Aug. 7, 2020

But despite assurances by promoters, these blessing, sou-sou, or gifting circles are illegal.

From Washington Post ● Aug. 7, 2020

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