biu1 wui2標會标会

Jyutpingbiu1 wui2
Yalebīu wúi
動詞

Definition

To bid for a share of pool money in a rotating savings and credit association.

colloquialmoney

How it's used

Rotating savings and credit associations are a traditional informal financial practice where members contribute a fixed amount periodically. The winner of the bid receives the total pool of funds for that round, effectively acting as a loan that must be repaid over time. It relies heavily on social trust among family, friends, or colleagues, as there is no formal legal protection if a member defaults.

Examples

He recently won the bid in the rotating savings group to get money for renovations.
When are you planning to bid for the pot?

Related words

Common phrases

the money obtained from winning the bid
to submit a bid

Common mistake

Learners often confuse the act of participating in the group with the act of winning the bid. Participating is usually referred to as 參加會, whereas 標會 specifically refers to the competitive bidding process to claim the payout for a particular cycle.

Grammar color guide

Noun
Verb
Adjective
Adverb
Pronoun
Classifier
Particle
Connector