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What is another word for tontine?

Pronunciation: [tˈɒntiːn] (IPA)

Tontine is a unique financial investment plan that involves a group of individuals contributing money into a pot, with the last surviving member receiving the entire amount. While the term "tontine" is quite specific, there are several synonymous words that can be used. These include an annuity, investment bond, pension, or endowment. All of these terms refer to long-term investments that provide regular payments or lump sum payouts. Investors use these options to ensure financial security in their retirement years. However, unlike tontines, these plans do not rely on the morbid principle of the last man standing.
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What are the hypernyms for Tontine?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Tontine?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Usage examples for Tontine

He afterwards hoped to repair the wrong he had thus done to his children, by outliving the other shareholders and obtaining a part of the immense capital of the tontine.
"Honore de Balzac, His Life and Writings"
Mary F. Sandars
With the death on June 19, 1829, of his father, whose last days were saddened by the knowledge of his son's disaster, the world was poorer by one castle in the air the less; for besides his natural sorrow at the death of the kind old man, who was so much softer than his wife, the dream of becoming a millionaire by means of the tontine capital faded way, like all poor Honore's other visions.
"Honore de Balzac, His Life and Writings"
Mary F. Sandars
In 1772 a building was erected by subscription, upon the tontine principle, at the head of Temple row, and was dignified with the French name of Hotel: From a handsome, entrance the ladies are now led through a spacious saloon, at the extremity of which the eye is struck with a grand flight of steps, opening into an assembly-room, which would not disgrace even the royal presence of the Duke's brother.
"An History of Birmingham (1783)"
William Hutton

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