Tontine

What is Tontine?


1.

An agreement between individuals wherein the last surviving participant inherits all of the assets from each member. Alternatively, the assets may be split evenly among each of the surviving members after a certain period of time.

To decide who would inherit our father's mansion, my brothers and I entered into a tontine. Only two of us remain.

See Nine Iron


3

Random Words:

1. 1. Someone who is a drama queen. 2. Someone who could also be called a drama nerd 3. Anyone who loves being there to watch a cat fight..
1. The latest film from the Disney Pixar studios, characterised by the fact that on the advertising the title is spelt phonetically as an i..
1. e-myther or emyther an e-mail that is annoying, such as spam, unsolicited mail, circular, or any e-mail that you do not wish to receive..