Defn: An annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three, according to the terms on which the money is advanced. Used also adjectively; as, tontine insurance. Too many of the financiers by professions are apt to see nothing in revenue but banks, and circulations, and annuities on lives, and tontines, and perpetual rents, and all the small wares of the shop. Burke.
TONTINE INSURANCE
Ton*tine" in*su"rance. (Life Insurance)
Defn: Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or full tontine, plan, all benefits were forfeited on lapsed policies, on the policies of those who died within the tontine period only the face of the policy was paid without any share of the surplus, and the survivor at the end of the tontine period received the entire surplus. This plan of tontine insurance has been replaced in the United States by the semitontine plan, in which the surplus is divided among the holders of policies in force at the termination of the tontine period, but the reverse for the paid-up value is paid on lapsed policies, and on the policies of those that have died the face is paid. Other modified forms are called free tontine, deferred dividend, etc., according to the nature of the tontine arrangement.
TONUS
To"nus, n. Etym: [L. a sound, tone. See Tone.] (Physiol.)
Defn: Tonicity, or tone; as, muscular tonus.
TONY
To"ny, n.; pl. Tonies. Etym: [Abbrev. from Anthony.]
Defn: A simpleton. L'Estrange.
A pattern and companion fit For all the keeping tonies of the pit.
Dryden.
TOO
Too, adv. Etym: [The same word as to, prep. See To.]
1. Over; more than enough; — noting excess; as, a thing is too long, too short, or too wide; too high; too many; too much. His will, too strong to bend, too proud to learn. Cowley.
2. Likewise; also; in addition.
An honest courtier, yet a patriot too. Pope.
Let those eyes that view The daring crime, behold the vengeance too.
Pope.
Too too, a duplication used to signify great excess.
O that this too too solid flesh would melt. Shak.
Such is not Charles his too too active age. Dryden.