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 [syn: {tontine insurance}]

2: an annuity scheme wherein participants share certain

benefits and on the death of any participant his benefits

are redistributed among the remaining participants; can

run for a fixed period of time or until the death of all

but one participant

Ondine

["Concurrency Introduction to an Object-Oriented Language

System Ondine", T. Ogihara et al, 3rd Natl Conf Record A-5-1,

Japan Soc for Soft Sci Tech, Japan 1986].