tontine
/ton-teen, ton-teen/US // ˈtɒn tin, tɒnˈtin //UK // (ˈtɒntiːn, tɒnˈtiːn) //
通天塔,通天阁,通天河,通天教主
Related Words
Definitions
n.名词 noun
- 1
- : an annuity scheme in which subscribers share a common fund with the benefit of survivorship, the survivors' shares being increased as the subscribers die, until the whole goes to the last survivor.
- : the annuity shared.
- : the share of each subscriber.
- : the number of subscribers.
- : any of various forms of life insurance in which the chief beneficiaries are those whose policies are in force at the end of a specified period .
Synonyms & Antonyms
Examples
The last of the celebrated coffee houses of New York bore the name, Tontine coffee house.
Today the site is occupied by a large modern office building, which still retains the name of Tontine.
The changing of the Tontine coffee house into a purely mercantile building marked the end of the coffee-house era in New York.
Tontine insurance is profitable to the few in just the proportion that misfortune shall overtake those who participate in it.
Still, some companies are making Tontine and Semi-Tontine insurance their specialty.
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