tontine vs annuity
annuity vs tontinetontine and annuity both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| tontine | Yes | No | No | No |
| annuity | Yes | No | No | No |
As nouns,
annuity is a hypernym of
tontine; that is, annuity is a
word with a broader meaning than tontine:
- tontine: 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
- annuity: income from capital investment paid in a series of regular payments
Other hypernyms of tontine include
rente.
| tontine (noun) | annuity (noun) |
|---|---|
| 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 | income from capital investment paid in a series of regular payments |
| 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 "tontine"
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