TONTINE as NOUN

1. Meaning
   • 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
   Hypernyms(s) tontine is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • annuity (what does annuity mean?)
   • rente (what does rente mean?)
2. Meaning
   • a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
   Synonym(s)
   • tontine insurance (what does tontine insurance mean?)
   Hypernyms(s) tontine is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • life insurance (what does life insurance mean?)
   • life assurance (what does life assurance mean?)