Definition of free tontine. Meaning of free tontine. Synonyms of free tontine

Here you will find one or more explanations in English for the word free tontine. Also in the bottom left of the page several parts of wikipedia pages related to the word free tontine and, of course, free tontine synonyms and on the right images related to the word free tontine.

Definition of free tontine

free tontine
Tontine insurance Ton*tine" in*su"rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or full tontine, plan, all benefits were forfeited on lapsed policies, on the policies of those who died within the tontine period only the face of the policy was paid without any share of the surplus, and the survivor at the end of the tontine period received the entire surplus. This plan of tontine insurance has been replaced in the United States by the semitontine plan, in which the surplus is divided among the holders of policies in force at the termination of the tontine period, but the reverse for the paid-up value is paid on lapsed policies, and on the policies of those that have died the face is paid. Other modified forms are called free tontine, deferred dividend, etc., according to the nature of the tontine arrangement.

Meaning of free tontine from wikipedia

- A tontine (/ˈtɒntaɪn, -iːn, ˌtɒnˈtiːn/) is an investment linked to a living person which provides an income for as long as that person is alive. Such...
- term in Australian English. After a series of mergers and acquisitions, Tontine Group has held the Doona trademark since 1991. In Asian countries like...
- push of industry into the area forced its demolition in 1858. The name "Tontine" derives from a financial scheme originated by Neapolitan banker Lorenzo...
- "When Others Die, Tontine Investors Win". The New York Times. ISSN 0362-4331. Retrieved 2017-03-27. Look up tontine in Wiktionary, the free dictionary. "The...
- during WWII says, "Bob's your uncle!" when proposing to his crew to start a tontine. In The 100 season three episode "Red Sky at Morning" and season four episode...
- He's done some harm as well". In June 2020, Ackman's Pershing Square Tontine Holdings, Ltd (PSTH), filed $4 billion for the largest-ever blank-check...
- § Terminology "Death Pool 100", episode of fifth season of CSI: Miami Tontine, sometimes erroneously known as a deathpool or dead pool This disambiguation...
- Cavanah in 2010. He co-produced a mockumentary video film titled Tontine or possibly Tontine M****acre. Royd has an older sister, Mandy Doyle, who was born...
- East Twickenham to the west. Its construction was privately funded by a tontine scheme, for which tolls were charged until 1859. Because the river meanders...
- (1975–76), and two episodes of Barney Miller, "The Sniper" (1976) and "The Tontine" (1982). He guest-starred as C****ius Thorne in the Buck Rogers in the 25th...