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tontine vs tontine insurance

tontine insurance vs tontine

tontine and tontine insurance both are nouns.

Word NounAdjectiveVerbAdverb
tontine Yes No No No
tontine insurance Yes No No No
As nouns, tontine and tontine insurance are synonyms defined as:
  • tontine and tontine insurance: a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
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
Difference between tontine and tontine insurance

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