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English definition of “whip-round”

whip-round

noun [C usually singular] uk   /ˈwɪp.raʊnd/ UK informal us  
a collection of money made by a group of people that is then given to a particular person or used to buy a present for them: We usually have a whip-round at work for people who are leaving.Forms of money and methods of payment
(Definition of whip-round from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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