ANNUITY SCHEME Crossword Clue

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Crossword Puzzle Infos
An annuity scheme is a type of investment plan in which a person pays a fixed amount of money over a period of time and receives regular payments in return. Tontine is a specific type of annuity scheme in which the payments increase as the number of participants decreases. It was originally developed in the 17th century and is still used today.
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