Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
tontine | Yes | No | No | No |
tontine insurance | Yes | No | No | No |
tontine (noun) | tontine insurance (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 | a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members |
a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members |