tontine

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English

English Wikipedia has an article on:
Wikipedia

Etymology

From (deprecated template usage) [etyl] French tontine, named after Lorenzo de Tonti, who introduced the scheme into France in around 1653. Can be decomposed as Tonti +‎ -ine

Pronunciation

  • Lua error in Module:parameters at line 290: Parameter 1 should be a valid language or etymology language code; the value "UK" is not valid. See WT:LOL and WT:LOL/E. IPA(key): /tɒnˈtiːn/

Noun

tontine (plural tontines)

  1. (finance, insurance) A form of investment in which, on the death of an investor, his share is divided amongst the other investors.
    • 1971, Keith Thomas, Religion and the Decline of Magic, Folio Society 2012, p. 634:
      There were many speculative schemes which gambled on the expectation of an individual's life, as in the tontine system, whereby all the group's contributions went to the last survivor.
    • 2000, JG Ballard, Super-Cannes, Fourth Estate 2011, p. 237:
      They were pleasantly high, but in an almost self-conscious way, as if they were members of a tontine blessed by the unexpected death of two or three of its members.

Derived terms

Translations

Translations

Anagrams

French

French Wikipedia has an article on:
Wikipedia fr

Etymology

Tonti +‎ -ine From Lorenzo Tonti, Napoleonic banker, who proposed this scheme to Jules Mazarin in 1653.

Noun

tontine f (plural tontines)

  1. tontine

Derived terms

Descendants
  • English: tontine
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