Understanding Abilao: A Guide to Informal Loans in Brazilian Portuguese

Abilao (also spelled as "abiliao" or "abilião") is a term used in Brazilian Portuguese to refer to a type of informal loan or credit that is often given by employers to their employees. The word "abilao" comes from the verb "abilar," which means "to lend" or "to give on credit."

In this context, an abilao is a sum of money that an employer lends to an employee, usually for a specific purpose such as paying for a medical procedure, repairing a car, or covering other unexpected expenses. The loan is typically interest-free and is repaid by the employee in installments over time.

Abilaos are common in Brazil, particularly among low-income workers who may not have access to traditional bank credit. They can be a helpful way for employees to cover urgent expenses without having to resort to high-interest loans from predatory lenders. However, it's important to note that abilaos can also be risky for employees if they are unable to repay the loan, as it can damage their relationship with their employer and potentially lead to legal action.