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"tontine" - Word "5" letter starting with "A" and ending with "D"
| Definition |
| 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 |
| a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members |