Top Definition
1)System where, instead of money, favors are exchanged

2) A pay it forward type system
Jon forgot his wallet when Steve and Jon went to the bar. When Jon offered to pay Steve back Steve said,"Don't worry about it man- we'll keep it on the favor system. I need help moving next week anyway."
by man,ormonkey? August 07, 2010
1 Word related to favor system

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