Tontine: alternatives and connections

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Tontine

An annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three, according to the terms on which the money is advanced. Used also adjectively; as, tontine insurance.

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Annuity 76% connected

A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.

oewn 2023 0% interchangeable

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Rente 76% connected

In France, interest payable by government on indebtedness; the bonds, shares, stocks, etc., which represent government indebtedness.

oewn 2023 0% interchangeable

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