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Tontine

noun
/tɒnˈtiːn/
Word Frequency: 0.1

Definitions

1.nounA form of investment in which, on the death of an investor, his share is divided amongst the other investors.

Synonyms

tontine insurancejoint tenancytotten trusttenancy in commontackingpaythroughunitrustshareinheritanceterm assurancetenant in commontax lot

Rhymes With

intinequintine
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