tontine

tontine is defined in Webster's Unabridged Dictionary (1913) with 1 sense, and appears in Roget's Thesaurus (1911) with 39 related terms. The full text of each entry is reproduced verbatim below.

Definitions

  1. 1.An annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three, according to the terms on which the money is advanced. Used also adjectively; as, tontine insurance. Too many of the financiers by professions are apt to see nothing in revenue but banks, and circulations, and annuities on lives, and tontines, and perpetual rents, and all the small wares of the shop. Burke.

Source: Webster's Unabridged Dictionary, 1913 edition (public domain, via GCIDE / Project Gutenberg).

Synonyms

Related questions

Sources

  • Definitions: Webster's Unabridged Dictionary, 1913 edition (public domain, via GCIDE / Project Gutenberg).
  • Synonyms: Roget's Thesaurus, 1911 edition (public domain, via Project Gutenberg eBook #10681).
  • Canonical URL: https://worddirectanswers.com/word/tontine
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