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No exact match found for your search 'tonto'.
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tontine 
  n 
1 
a an annuity scheme by which several subscribers accumulate and invest a common fund out of which they receive an annuity that increases as subscribers die until the last survivor takes the whole 
b the subscribers to such a scheme collectively 
c the share of each subscriber 
d the common fund accumulated 
e (as modifier) 
a tontine fund  
2 a system of mutual life assurance by which benefits are received by those participants who survive and maintain their policies throughout a stipulated period (the tontine period) 
  (C18: from French, named after Lorenzo Tonti, Neapolitan banker who devised the scheme) 


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