How to call when each of a group pays and shares expenses?












1















Me and my friend are flatmates. I spend $100 for bills, he spends $60 for shared groceries. Every once in a while we balance out our expenses; in this case my friend gives me $20, or makes a $40 expense for something else we need.



How to call this small economic system, where shared expenses are made by more than one person from their own wallet, and everyone exchanges money to clear any debts?










share|improve this question







New contributor




ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.





















  • Welcome to EL&U! It looks like your question might be a [single-word-request]. Should this be the case, please provide a sample sentence, e.g. "When I poke a jelly and it makes a wavy motion, it is ____.", to which the answer might be "wobble".

    – A Lambent Eye
    2 days ago
















1















Me and my friend are flatmates. I spend $100 for bills, he spends $60 for shared groceries. Every once in a while we balance out our expenses; in this case my friend gives me $20, or makes a $40 expense for something else we need.



How to call this small economic system, where shared expenses are made by more than one person from their own wallet, and everyone exchanges money to clear any debts?










share|improve this question







New contributor




ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.





















  • Welcome to EL&U! It looks like your question might be a [single-word-request]. Should this be the case, please provide a sample sentence, e.g. "When I poke a jelly and it makes a wavy motion, it is ____.", to which the answer might be "wobble".

    – A Lambent Eye
    2 days ago














1












1








1








Me and my friend are flatmates. I spend $100 for bills, he spends $60 for shared groceries. Every once in a while we balance out our expenses; in this case my friend gives me $20, or makes a $40 expense for something else we need.



How to call this small economic system, where shared expenses are made by more than one person from their own wallet, and everyone exchanges money to clear any debts?










share|improve this question







New contributor




ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.












Me and my friend are flatmates. I spend $100 for bills, he spends $60 for shared groceries. Every once in a while we balance out our expenses; in this case my friend gives me $20, or makes a $40 expense for something else we need.



How to call this small economic system, where shared expenses are made by more than one person from their own wallet, and everyone exchanges money to clear any debts?







terminology






share|improve this question







New contributor




ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.











share|improve this question







New contributor




ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









share|improve this question




share|improve this question






New contributor




ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.









asked 2 days ago









ris8_allo_zen0ris8_allo_zen0

1061




1061




New contributor




ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.





New contributor





ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.






ris8_allo_zen0 is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.













  • Welcome to EL&U! It looks like your question might be a [single-word-request]. Should this be the case, please provide a sample sentence, e.g. "When I poke a jelly and it makes a wavy motion, it is ____.", to which the answer might be "wobble".

    – A Lambent Eye
    2 days ago



















  • Welcome to EL&U! It looks like your question might be a [single-word-request]. Should this be the case, please provide a sample sentence, e.g. "When I poke a jelly and it makes a wavy motion, it is ____.", to which the answer might be "wobble".

    – A Lambent Eye
    2 days ago

















Welcome to EL&U! It looks like your question might be a [single-word-request]. Should this be the case, please provide a sample sentence, e.g. "When I poke a jelly and it makes a wavy motion, it is ____.", to which the answer might be "wobble".

– A Lambent Eye
2 days ago





Welcome to EL&U! It looks like your question might be a [single-word-request]. Should this be the case, please provide a sample sentence, e.g. "When I poke a jelly and it makes a wavy motion, it is ____.", to which the answer might be "wobble".

– A Lambent Eye
2 days ago










1 Answer
1






active

oldest

votes


















0














My answer would be financial solidarity.



From Merriam-Webster:




unity (as of a group or class) that produces or is based on community of interests, objectives, and standards




A similar term can be found in solidary obligations (Wikipedia).






share|improve this answer























    Your Answer








    StackExchange.ready(function() {
    var channelOptions = {
    tags: "".split(" "),
    id: "97"
    };
    initTagRenderer("".split(" "), "".split(" "), channelOptions);

    StackExchange.using("externalEditor", function() {
    // Have to fire editor after snippets, if snippets enabled
    if (StackExchange.settings.snippets.snippetsEnabled) {
    StackExchange.using("snippets", function() {
    createEditor();
    });
    }
    else {
    createEditor();
    }
    });

    function createEditor() {
    StackExchange.prepareEditor({
    heartbeatType: 'answer',
    autoActivateHeartbeat: false,
    convertImagesToLinks: false,
    noModals: true,
    showLowRepImageUploadWarning: true,
    reputationToPostImages: null,
    bindNavPrevention: true,
    postfix: "",
    imageUploader: {
    brandingHtml: "Powered by u003ca class="icon-imgur-white" href="https://imgur.com/"u003eu003c/au003e",
    contentPolicyHtml: "User contributions licensed under u003ca href="https://creativecommons.org/licenses/by-sa/3.0/"u003ecc by-sa 3.0 with attribution requiredu003c/au003e u003ca href="https://stackoverflow.com/legal/content-policy"u003e(content policy)u003c/au003e",
    allowUrls: true
    },
    noCode: true, onDemand: true,
    discardSelector: ".discard-answer"
    ,immediatelyShowMarkdownHelp:true
    });


    }
    });






    ris8_allo_zen0 is a new contributor. Be nice, and check out our Code of Conduct.










    draft saved

    draft discarded


















    StackExchange.ready(
    function () {
    StackExchange.openid.initPostLogin('.new-post-login', 'https%3a%2f%2fenglish.stackexchange.com%2fquestions%2f481629%2fhow-to-call-when-each-of-a-group-pays-and-shares-expenses%23new-answer', 'question_page');
    }
    );

    Post as a guest















    Required, but never shown

























    1 Answer
    1






    active

    oldest

    votes








    1 Answer
    1






    active

    oldest

    votes









    active

    oldest

    votes






    active

    oldest

    votes









    0














    My answer would be financial solidarity.



    From Merriam-Webster:




    unity (as of a group or class) that produces or is based on community of interests, objectives, and standards




    A similar term can be found in solidary obligations (Wikipedia).






    share|improve this answer




























      0














      My answer would be financial solidarity.



      From Merriam-Webster:




      unity (as of a group or class) that produces or is based on community of interests, objectives, and standards




      A similar term can be found in solidary obligations (Wikipedia).






      share|improve this answer


























        0












        0








        0







        My answer would be financial solidarity.



        From Merriam-Webster:




        unity (as of a group or class) that produces or is based on community of interests, objectives, and standards




        A similar term can be found in solidary obligations (Wikipedia).






        share|improve this answer













        My answer would be financial solidarity.



        From Merriam-Webster:




        unity (as of a group or class) that produces or is based on community of interests, objectives, and standards




        A similar term can be found in solidary obligations (Wikipedia).







        share|improve this answer












        share|improve this answer



        share|improve this answer










        answered 2 days ago









        A Lambent EyeA Lambent Eye

        1,352223




        1,352223






















            ris8_allo_zen0 is a new contributor. Be nice, and check out our Code of Conduct.










            draft saved

            draft discarded


















            ris8_allo_zen0 is a new contributor. Be nice, and check out our Code of Conduct.













            ris8_allo_zen0 is a new contributor. Be nice, and check out our Code of Conduct.












            ris8_allo_zen0 is a new contributor. Be nice, and check out our Code of Conduct.
















            Thanks for contributing an answer to English Language & Usage Stack Exchange!


            • Please be sure to answer the question. Provide details and share your research!

            But avoid



            • Asking for help, clarification, or responding to other answers.

            • Making statements based on opinion; back them up with references or personal experience.


            To learn more, see our tips on writing great answers.




            draft saved


            draft discarded














            StackExchange.ready(
            function () {
            StackExchange.openid.initPostLogin('.new-post-login', 'https%3a%2f%2fenglish.stackexchange.com%2fquestions%2f481629%2fhow-to-call-when-each-of-a-group-pays-and-shares-expenses%23new-answer', 'question_page');
            }
            );

            Post as a guest















            Required, but never shown





















































            Required, but never shown














            Required, but never shown












            Required, but never shown







            Required, but never shown

































            Required, but never shown














            Required, but never shown












            Required, but never shown







            Required, but never shown







            Popular posts from this blog

            "Incorrect syntax near the keyword 'ON'. (on update cascade, on delete cascade,)

            Alcedinidae

            Origin of the phrase “under your belt”?