Tontine

[tɔn'ti:n]

解释:

(noun.) 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.

(noun.) a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members.

艾德里安整理--From WordNet

解释:

(n.) An annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three, according to the terms on which the money is advanced. Used also adjectively; as, tontine insurance.

艾格尼丝编辑

解释:

n. a kind of life-annuity increasing as the subscribers die: a loan raised with the benefit of survivorship—also adj.—n. Tontin′er.

胡安编辑