tontine


Definition: Meaning of, tontine in English to English dictionary.

Pronunciation: / tɒnˈtiːn;ˈtɒntiːn /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
tontine tontines
  1. a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
    ANTONYM
    Not found!
  2. 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
    SYNONYM
    Not found!
    ANTONYM
    Not found!
synonym
antonym

tontine used in phrases

  • tontine insurance (noun)
    1. a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
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