semitontine

名词 n.

英文释义

名词 n.
  1. A form of tontine insurance in which the surplus is divided among the holders of policies in force at the termination of the tontine period, but the reverse for the paid-up value is paid on lapsed policies, and on the policies of those that have died the face value is paid. attributive,uncountable

词源

From semi- + tontine.
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