How to Pronounce chit?

Correct pronunciation for the word "chit" is [t͡ʃˈɪt], [t‍ʃˈɪt], [tʃ_ˈɪ_t].

What are the misspellings for chit?

"Chit" in context

Chit or chit funds are an informal form of rotating savings and credit associations in India. It is a central principle of the chit fund system that members pledge to make a certain amount of money available each month. Members are then allocated a share of the total fund for that period. These chit funds have their roots in ancient forms of cooperative financial systems and are still used by many lower income communities as a form of banking.

Chit funds are usually operated by an auctioneer, who is chosen by the members of the chit and who collects the savings from the members of the chit.

What are similar-sounding words for chit?


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