tontine

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• 4. marts 2016 fra wordnet.princeton.edu

  tontine — navneord — engelsk

  a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members

• 4. marts 2016 fra wordnet.princeton.edu

  tontine — navneord — engelsk

  an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant