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tontine tontine definition

tontine


 
  Grep  of  noun  tontine 
  tontine 
  tontine  insurance 
 
  Overview  of  noun  tontine 
 
  The  noun  tontine  has  2  senses  (no  senses  from  tagged  texts) 
 
  1.  tontine,  tontine  insurance  --  (a  form  of  life  insurance  whereby  on  the  death  or  default  of  a  participant  his  share  is  distributed  to  the  remaining  members) 
  2.  tontine  --  (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) 
 
  Overview  of  noun  tontine 
 
  The  noun  tontine  has  2  senses  (no  senses  from  tagged  texts) 
 
  1.  tontine,  tontine  insurance  --  (a  form  of  life  insurance  whereby  on  the  death  or  default  of  a  participant  his  share  is  distributed  to  the  remaining  members) 
  2.  tontine  --  (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) 



tontine definition