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nouna form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
Similar:
type of: -
nounan 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
Antonyms of tontine
We don't have antonyms for this word yet.