head/organizer of a savings circle
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
head or organizer of a rotating savings and credit association (ROSCA)
A traditional, informal financial arrangement common in some Chinese communities. The 'huì tóu' organizes the group, collects contributions, and manages payouts, often receiving the first lump sum.
Tā他
shì是
zhè这
ge个
biāo标
huì会
de的
huì会
tóu头
,
fù负
zé责
shōu收
qián钱
hé和
jì记
zhàng账
。
He is the organizer of this bidding-style savings circle, responsible for collecting money and keeping accounts.
Dà大
jiā家
xìn信
rèn任
Wáng王
ā阿
yí姨
dāng当
huì会
tóu头
,
yīn因
wèi为
tā她
hěn很
kě可
kào靠
。
Everyone trusts Auntie Wang to be the head of the savings club because she is very reliable.
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Zhè这
ge个
huì会
de的
huì会
tóu头
juǎn卷
kuǎn款
pǎo跑
lù路
le了
。
The organizer of this savings circle absconded with the funds.