Definitions for

Overview of noun tontine

The noun tontine has 2 senses? (no senses from tagged texts)
1. tontine, tontine insurance

(a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members)

2. tontine

(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) © 2001-2013, Demand Media, all rights reserved. The database is based on Word Net a lexical database for the English language. see disclaimer
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