What does slate club mean?
Definitions for slate club
slate club
This dictionary definitions page includes all the possible meanings, example usage and translations of the word slate club.
Princeton's WordNet
slate clubnoun
a group of people who save money in a common fund for a specific purpose (usually distributed at Christmas)
ChatGPT
slate club
A slate club is a type of informal savings arrangement or financial mutual aid society, often among a group of coworkers, friends, or neighbors. Members contribute a fixed amount of money into a collective fund (or 'slate'), usually on a weekly basis. Each member of the club then takes a turn at receiving the total sum of contributions, either in a pre-determined sequence or through a lottery-style drawing. Slate clubs are a form of rotating savings and credit association, and are relatively common in various cultures worldwide.
Etymology and Origins
Slate Club
Originally a parochial thrift society whose members met in the schoolroom, their contributions being pro tem entered on slates, conveniently at hand.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of slate club in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of slate club in Pythagorean Numerology is: 5
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"slate club." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/slate+club>.
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