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{%type%} Definitions

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n. - An annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants;

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Usage examples (38)
  • The tontine is a scheme for raising money on a long-term basis by weighting rewards in favour of the longest lasting contributors.
  • They work, I am told, with a kind of tontine -- it is, in fact, a lottery.
  • Saturday's term was tontine, which is defined as:
  • KCMG, etc., and the prize of the tontine now lay between the
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