tontine
英['tɒntiːn]
美['tɒntiːn]
- n. 唐提式养老金法；唐提联合养老保险制
详细释义
Noun:
-
a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
-
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
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