Word of the Day:
Every morning I receive an email introducing the word of the day. This morning it sparked some thoughts. Today, I got this one:
tontine
noun, an annuity shared by subscribers to a loan or common fund, the shares increasing as subscribers die until the last survivor enjoys the whole income.
What I can't help but wonder is, did the subscribers try to kill off each other...
Every morning I receive an email introducing the word of the day. This morning it sparked some thoughts. Today, I got this one:
tontine
noun, an annuity shared by subscribers to a loan or common fund, the shares increasing as subscribers die until the last survivor enjoys the whole income.
What I can't help but wonder is, did the subscribers try to kill off each other...