Noun tontine has 2 senses
  1. tontine, tontine insurance - a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
    --1 is a kind of life insurance, life assurance
  2. tontine - 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
    --2 is a kind of
    annuity, rente
,
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