ton|tine

ton|tine
ton|tine «TON teen, ton TEEN», noun, adjective.
–n.
1. a system of annuity or insurance in which subscribers share a fund. The shares of survivors increase as members die, until the last gets all that is left.
2. the total of money involved in such a system.
3. the share or right of each member in such system.
4. he members as a group.
–adj.
of, having to do with, or like a tontine: »

a tontine policy.

╂[< French tontine < Lorenzo Tonti, an Italian banker who introduced it into France around 1653]

Useful english dictionary. 2012.

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  • tine — ab·ro·tine; acon·i·tine; ac·tine; ad·a·man·tine; ag·ma·tine; al·a·cre·a·tine; am·e·thys·tine; an·a·tine; ar·re·tine; as·bes·tine; as·ta·tine; at·tine; bar·bo·tine; bar·ken·tine; bar·quen·tine; bar·y·tine; bikh·a·con·i·tine; bi·son·tine;… …   English syllables

  • ton — abur·ton; ac·e·ton·ate; ac·e·ton·emia; ac·e·ton·ic; ac·e·ton·uria; ac·e·ton·yl; ac·e·ton·yl·ac·e·tone; ac·e·ton·yl·i·dene; ace·tyl·ac·e·ton·ate; ac·ton; al·cap·ton; al·kap·ton; al·kap·ton·u·ria; al·las·so·ton·ic; an·a·glyp·ton;… …   English syllables

  • tontine — ton·tine …   English syllables

  • tontine — ton•tine [[t]ˈtɒn tin, tɒnˈtin[/t]] n. bus an annuity scheme in which subscribers share a common fund with the benefit of survivorship, the survivors shares being increased as the subscribers die, until the whole goes to the last survivor •… …   From formal English to slang

  • Semitontine — Sem i*ton*tine , a. (LIfe Insurance) Lit., half tontine; used to designate a form of tontine life insurance. See {Tontine insurance}. {Sem i*ton*tine }, n. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • Semitontine — Sem i*ton*tine , a. (LIfe Insurance) Lit., half tontine; used to designate a form of tontine life insurance. See {Tontine insurance}. {Sem i*ton*tine }, n. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • deferred dividend — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • free tontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • full tontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • semitontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

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