Meaning Of The Word Tontine
What's the definition of Tontine? Find Tontine meanings, definitions and more at the Real Dictionary online.
Tontine Meaning
| Tontine Definition |
|---|
What's The Definition Of Tontine?
tontine in American English
a fund to which a group of persons contribute, the benefits ultimately accruing to the last survivor or to those surviving after a specified time noun: an annuity scheme in which subscribers share a common fund with the benefit of survivorship, the survivors' shares being increased as the subscribers die, until the whole goes to the last survivor tontine in British English noun: an annuity scheme by which several subscribers accumulate and invest a common fund out of which they receive an annuity that increases as subscribers die until the last survivor takes the whole tontine in Insurance noun: A tontine is a system of mutual life insurance where benefits are received by those participants who survive and keep their policies throughout a stated period. |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- First call on sth ‐ If you have first call on something, you will…
- Subassociation ‐ noun: an association that forms part of a larger…
- Centiliter ‐ one hundredth of a liter (0.3376 fluid ounce or…
- Dishwashing liquid ‐ mass noun: Dishwashing liquid is a thick soapy…
- Omniparous ‐ adjective: producing or generating…
- Omnibus volume ‐ noun: a collection of works by one author or several…
- Centauri ‐ Latin genitive of noun; noun: a conspicuous extensive…
- Seasnail ‐ noun: any of several snailfishes of the genus…
- Prolabour ‐ adjective: favouring an organized…
- Continuum hypothesis ‐ noun: a conjecture of set theory that the first…