Translation of "tontine" into Russian

тонтина is the translation of "tontine" into Russian.

tontine noun grammar

(finance, insurance) A form of investment in which, on the death of an investor, his share is divided amongst the other investors. [..]

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English-Russian dictionary

  • тонтина

    noun

    Only the practice of the tontine- a voluntary system of group savings- was intended to meet social expenses

    Тонтина была единственным мероприятием, устраивавшимся для покрытия расходов на социальные нужды

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