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tontine

n.
1.a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
2.an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants

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    Idiom of the Day

    reckon with (someone or something)
    to confront and deal with someone or something
    I do not know how I will reckon with any more problems with my car.



    1.
    He bought the car after he'd got his new job

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