archiveCITY OF TURIN

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TONTINE OF THE CITY OF TURIN, 1797

An extremely rare document. In today’s column, in fact, we talk about the so-called Tontine, that was a financial transaction through which, in the seventeenth and eighteenth century, some European countries borrowed money in the form of not refundable equity shares, constituting annuities in favor of the subscribers. On the...
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