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词汇 tontine
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tontine. The tontine was an early form of life insurance de- vised by Italian banker Lorenzo Tonti (1635–90) and intro- duced by him into France in 1653. Under the system a number of people subscribe to the tontine, the annuity increasing in value to the survivors as each subscriber dies. Finally, the last surviving member takes all. When the tontine was first intro- duced, any money from the fund that hadn’t been spent by the “winner” reverted to the state after the death of that last subscriber.
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更新时间:2025/5/2 3:35:14