Definition of tontines

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  • tontines is a valid Scrabble US word with a point value of 8
  • tontines is a valid Scrabble UK word with a point value of 8
  • tontines is a valid Words with friends word with a point value of 10

Definition of tontines

  • a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members (noun)

    Synonyms

    1. tontine insurance
  • an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant (noun)

See definition of tontines in Merriam Webster