Five-six
noun, slang
noun, slang ·Uncommon ·College level
Definitions
Noun
- 1 A moneylending scheme stereotypically associated with Indian nationals, especially Punjabis, in the Philippines. Philippines, informal, uncountable
"One of their most notorious loan arrangements is the "five-six” scheme, that is, for every five pesos borrowed, six must be returned. Usually daily payment is demanded from the first day of the loan, although sometimes payment falls due at the ..."
Example
More examples"One of their most notorious loan arrangements is the "five-six” scheme, that is, for every five pesos borrowed, six must be returned. Usually daily payment is demanded from the first day of the loan, although sometimes payment falls due at the ..."
Etymology
From the high interest rate given, i.e. when ₱5 is borrowed, ₱6 must be returned.
More for "five-six"
Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.