Definition of full tontine. Meaning of full tontine. Synonyms of full tontine

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

Definition of full tontine

full 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 full 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...
- push of industry into the area forced its demolition in 1858. The name "Tontine" derives from a financial scheme originated by Neapolitan banker Lorenzo...
- Tontine (foaled 1822) was a British Thoroughbred racehorse and broodmare who won the classic 1000 Guineas at Newmarket in 1825. When the other horses...
- released. The liner notes include a short story by Klaus Tontine and a special thanks to Tontine Films France. When Charlie Hunter was asked in an interview...
- Real Copy of 'Fairies' by Andy Warhol". In December 2021, they released Tontine, a morbid sort of betting pool loosely based on the 17th century investment...
- Catgut (1819), Rowena (1820), Zeal (1821), Whizgig (1822), Zinc (1823), Tontine (1825), Problem (1826), Arab (1827) Leading owner (8 wins): 4th Duke of...
- 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...
- and "Tontine") Donogh Rees ("Playing the Lie") Jodie Rimmer ("Leather & Lace", "To Die or Not to Die" and "Blood Pink") Ilona Rodgers ("Tontine") Emmett...
- for securities trading, which previously had been taking place at the Tontine Coffee House. Several locations were used between 1817 and 1865, when the...
- 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...