Group money-splitting glossary
The concepts you meet when splitting money with a group, explained in plain words. Same language as the Chitipay app and the splitting tool.
Splitting group expenses
- Dividing one or more shared expenses among members, then working out who ends up owing whom.
Member
- Someone taking part in a split. On the web it's just a name — no account needed.
Expense
- One shared cost: who paid, who shares it, the amount, and how it's split.
Payer (who fronted the money)
- The member who paid up front for an expense and gets reimbursed their share by the others.
Split evenly vs by amount
- Evenly: everyone carries an equal share. By amount: each person carries exactly what they used.
Balance
- Paid minus owed for each person. Positive means they should get money back, negative means they still owe, zero means settled.
Settling up
- The set of transfers that brings every balance to zero — who needs to pay whom after the whole trip or month.
Direct settlement
- People who owe pay creditors directly, with no middleman.
Collector settlement
- Route everything through one person (the collector): debtors pay the collector, the collector pays the creditors. Handy for big groups.
Try splitting now
Add a few members and expenses and the tool instantly shows who owes whom — free, no account.