First of all, those accents are like nails on a chalkboard. Secondly, women shouldn't be allowed out of the kitchen without an adult male escorting them.
Used to be big at the local credit union back in the day, haven't heard the term in years, it was basically a forced savings plan with decent interest rate. You sign up in January and then have to deposit so much each month and withdraw right before christmas for gifts. Think kmart layaway but with cash.