For almost 200 years, beginning in the late seventeenth century, the tontine - essentially, a shared investment fund with benefit of survivorship - was a ubiquitous financial instrument. From meeting rooms to libraries, public baths to theatres, from armies to medicine and on to religion, the scheme was everywhere.
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For almost 200 years, beginning in the late seventeenth century, the tontine - essentially, a shared investment fund with benefit of survivorship - was a ubiquitous financial instrument. From meeting rooms to libraries, public baths to theatres, from armies to medicine and on to religion, the scheme was everywhere.
Read Less
