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tontine

n.
1.a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
2.an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants

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Word of the Day

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  • tonsured
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  • tons
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  • tonus
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  • too
  • too bad
  • too big for one's breeches
  • too large
  • too little
  • too much
  • too soon
  • themis
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  • uninquiring
  • unruliness
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  • Idiom of the Day

    not buy (something)
    to not accept something to be true
    I do not buy the excuse that the man does not have enough money to pay for his dinner.



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