tontine

English dictionary entry

Meanings

noun

A form of investment in which, on the death of an investor, his share is divided amongst the other investors.

/tɒnˈtiːn/ /ˈtɒnˌtiːn/ LL-Q1860 (eng)-Vealhurl-tontine.wav /ˈtɒntaɪn/

tontine tontines

From French tontine, named after Lorenzo de Tonti, who introduced the scheme into France in around 1653. Thus, from Tonti + -ine.

dead pool

tontineer tontiner tontinier

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