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Name for a particular type of saving scheme

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greyfox | 18:41 Sun 11th Nov 2007 | Business & Finance
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Can anyone advise of the name given to the saving scheme whereby the last surviving member of a group receives all the contributions from those who had agreed to sign up for this unusual plan?
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Avatar Image dzug
Tontine, I think
18:57 Sun 11th Nov 2007
Avatar Image greyfox
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That's it! Many thanks dzug.
19:02 Sun 11th Nov 2007

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