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Shared annuity Crossword Clue

7 letters · New York Times · Saturday, April 5, 2003 · 52-Across

Appeared in 1 New York Times Crossword: Saturday, April 5, 2003.

Exact puzzle match · New York Times · April 5, 2003 · 52-Across · 7 letters

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What does this clue mean?

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

noun

WordNet® (Princeton University)

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