DSAE test file

stokvel, noun

Forms:
stockfel, stockfeleShow more Also stockfel, stockfele, stockfell, stockvel, stockveld, stokfel, stokveld, stockvelt.
Origin:
South African English, Show more Adaptation of South African English stockfair; see quotation 1990 (sense 1) and quotation 1962 (sense 2). It appears that the Africanized pronunciation of stock-fair, /(i)stɔkfeːle/, resulted in the modern spelling because of a misconception that the word’s origins lay in Afrikaans.
Especially in township English: In all senses also called stock-fair (sense 2), stokkie noun1.
1. a. A savings or investment society to which members regularly contribute an agreed amount, receiving a lump-sum payment either in turn, or in times of need. b. A similar society formed to share the cost of holding regular parties which at the same time generate profits for the hosts. c. Collectively, the members of such societies. Also attributive.
1946 P. Abrahams Mine Boy (1954) 74‘Who were those women’? Xuma asked...‘They are the Stockvelt. They are all women who sell beer. And if one is arrested they all come together and collect money among themselves and bail out the arrested one.’
1993 Financial Mail 23 Apr. 63Stokvels, the traditional savings outlets for the underprivileged, still have many supporters — indeed, formal financial institutions encourage the stokvels.
2. A social gathering or party, held at each stokvel member’s home in turn. Also attributive.
1962 A.M. Louw 20 Days 100Tonight we will have our stockfele — stockfair, beer drinker’s meeting — in peace.
1988 B. Ntlemo in Frontline Apr.May 8He enjoyed the company of women with whom he could go to stokvels or casinos.
A savings or investment society to which members regularly contribute an agreed amount, receiving a lump-sum payment either in turn, or in times of need.
A similar society formed to share the cost of holding regular parties which at the same time generate profits for the hosts.
Collectively, the members of such societies. Also attributive.
A social gathering or party, held at each stokvel member’s home in turn. Also attributive.
Derivatives:
Hence stokveler noun [English agential suffix -er], a member of a stokvel.
1989 Weekly Mail 27 Oct. 26The stokvelers changed from talking to singing.

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19461993

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