[ UK /tˈɒntiːn/ ]
  1. 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
  2. a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
Linguix Browser extension
Fix your writing
on millions of websites
Get Started For Free Linguix pencil

How To Use tontine In A Sentence

  • *A tontine is a financial arrangement whereby a fixed group takes shares in an investment—in this case the coffeehouse—paying out pro rata as each dies or drops out; the last one standing gets the whole shebang. City of Glory
  • Here one finds the treatment of joint annuities on several lives, the inheritance of annuities, problems about the fair division of the costs of a tontine, and other contracts in which both age and interest on capital are relevant.
  • The later we leave it, the more the pension becomes a tontine in which the survivor takes all.
  • They work, I am told, with a kind of tontine -- it is, in fact, a lottery. As We Are and As We May Be
  • The tontine is a scheme for raising money on a long-term basis by weighting rewards in favour of the longest lasting contributors. Propeller Most Popular Stories
  • Cash self-help groups function like tontines, which have been documented in other areas of West Africa.
  • If you own a house with others in a tontine - so that on death your share goes automatically to the others - where do you stand with regard to inheritance tax?
  • He has taken over a pub a mile away from the Tontine in the recusant village of Osmotherley, high on the scarp of the moors.
View all
This website uses cookies to make Linguix work for you. By using this site, you agree to our cookie policy