tontine :

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tontine


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

  • The tontine (rhymes with "on green"), a fad which keeps reappearing through history, combines the suspense of the $64,000 question with the finances of the pyramid club.
  • A group of 50 heads of small-and medium-size businesses in northern Italy have organized themselves into a modern version of the tontine, a primitive 17th century insurance company.
  • Bryan Forbes, who directed King Rat, is now plotting a furiously funny race to kill off one of the two surviving members of a Victorian tontine, with John Mills and Ralph .
News & Articles

  • Game Box celebrates 10th year in business
    TOPSHAM — In 2003, Game Box started out in Brunswick’s Tontine Mall as a small, family-run video game store dedicated to providing the local area with quality service and products. read more
    June 12, 2013 - The Times Record

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