TONTINE


Meaning of TONTINE in English

transcription, транскрипция: [ ˈtän-ˌtēn, tän-ˈ ]

noun

Etymology: French, from Lorenzo Tonti died 1695 Italian banker

Date: 1765

: a joint financial arrangement whereby the participants usually contribute equally to a prize that is awarded entirely to the participant who survives all the others

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.