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| ton·tine [ tón tn, ton tn ] (plural ton·tines) |
noun |
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| Definition: |
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group investment scheme: an investment or insurance plan in which contributors pay equal amounts into a common fund and receive equal dividends and benefits from it, with the final surviving contributor receiving everything
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| [Mid-18th century. < French, after Lorenzo Tonti (1630-1695), Neapolitan banker] |
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