“Getdon” refers to the money collected regularly by multiple people in a traditional Korean informal savings group. This money is structured to be given to one member of the group in rotation, forming a lump sum. It serves as a form of mutual finance and collective savings. By each person contributing a certain amount, a lump sum can be accumulated after a certain period. Typically, those who receive the lump sum earlier pay interest, while those who receive it later earn interest.
Getdon
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