Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun tontine

2 senses of tontine

Sense 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)
       => life insurance, life assurance -- (insurance paid to named beneficiaries when the insured person dies; "in England they call life insurance life assurance")

Sense 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)
       => annuity, rente -- (income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity")