Definitions
There are 2 meanings of the word
Tontine.
Tontine - as a noun
A form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
Synonyms (Exact Relations)
tontine insuranceAn 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
Example Sentences
"My grandmother joined a tontine when she was young to save money for her retirement."
"There are strict regulations governing the operation of tontine schemes."
"The tontine was established in the early 19th century as a way to fund public projects."
"Several wealthy individuals formed a tontine to finance the construction of a new hospital."
"The participants in the tontine meet annually to discuss the performance of their investments."
Word Game Points
Is TONTINE a valid Scrabble word?
Yes, tontine is valid for both Scrabble US and EU
TONTINE has a SCRABBLE points total of 7.
Is TONTINE a valid Words With Friends word?
Yes, tontine is valid for Words With Friends
Valid WordTONTINE has a WORDS WITH FRIENDS points total of 9.
Is TONTINE a valid WordFeud word?
Yes, tontine is valid for WordFeud
Valid WordTONTINE has a WORDFEUD points total of 7.
