What is the meaning of tontine insurance?

noun

  • A form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). tontine insurance. Retrieved October 1, 2026, from http://smartdefine.org/tontine_insurance/definitions/1316634
ChicagoWordNet. 2010. "tontine insurance" http://smartdefine.org/tontine_insurance/definitions/1316634 (accessed October 1, 2026).
HarvardWordNet 2010, tontine insurance, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/tontine_insurance/definitions/1316634>.
MLAWordNet. "tontine insurance" 23 October 2010. Web. 1 October 2026. <http://smartdefine.org/tontine_insurance/definitions/1316634>
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