an annuity scheme in which
subscribers share a common fund with the benefit of survivorship, the survivors' shares being increased as the subscribers die, until the whole goes to the last survivor.
the share of each subscriber.
the number of subscribers.
any of various forms of life insurance in which the chief beneficiaries are those whose policies are in force
at the end of a specified period (tontine period)
named after Lorenzo Tonti,
Neapolitan banker who started the scheme in France about 1653. See -ine1