life insurance vs tontine
tontine vs life insurancelife insurance and tontine both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| life insurance | Yes | No | No | No |
| tontine | Yes | No | No | No |
As nouns,
tontine is a hyponym of
life insurance; that is, tontine is a
word with a more specific, narrower meaning than
life insurance:
- life insurance: insurance paid to named beneficiaries when the insured person dies
- tontine: a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
Other hyponyms of life insurance include
endowment insurance, tontine insurance, ordinary life insurance, straight life insurance, whole life insurance.
| life insurance (noun) | tontine (noun) |
|---|---|
| insurance paid to named beneficiaries when the insured person dies | 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 |
| a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members |
Words related to "life insurance"
Words related to "tontine"
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