assue

noun

A form of savings where a group of people pay an agreed sum of money on a periodic basis (usually monthly) and each period one member of the group takes all the money that has been paid (their share). This practice has been traced back to Yoruba credit system.

alternatives

assue draw, box han, box money, partner, son son, su su, syndigate

arrow_drop_down

2 comments

Luke

8 years ago

asue or asue draw: a form of lottery traced to a Yoruba custom; similar schemes are common in other Caribbean countries, eg. the susu in Barbados.

Anika

5 years ago

We say box or box money in Antigua, not assue.