tontine

[US]/tɒnˈtiːn/
[UK]/tɑːnˈtiːn/
Frequency: Very High

Translation

n.a type of investment plan where participants receive payments based on the number of survivors; a retirement scheme where payouts are made to the last surviving member
Word Forms
Pluraltontines

Phrases & Collocations

tontine agreement

tontine scheme

tontine structure

tontine fund

tontine payout

tontine benefits

tontine investment

tontine model

tontine participants

tontine returns

Example Sentences

a tontine is a financial arrangement where participants receive payments until death.

many people consider a tontine as a way to fund their retirement.

the concept of a tontine dates back to the 17th century.

in a tontine, the last surviving member receives the entire payout.

investing in a tontine can be risky due to its unique structure.

some people are skeptical about the fairness of a tontine.

a tontine can provide a steady income stream for retirees.

understanding the rules of a tontine is essential before joining.

historically, tontines were popular among wealthy individuals.

modern tontines are often regulated to protect participants.

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