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...
- 27 January 1975. On 9 May 1974, 53-year-old Quek Lee Eng, the head of a tontine group and wife of a wealthy local textile merchant Sim Keng Soy (aged 54...
- Angel") Ingrid Park ("Catch of the Day", "As If Nothing Had Happened" and "Tontine") Bree Peters ("Three Coins in a Fountain") Donogh Rees ("Playing the Lie")...
- his fellow students and teachers. Later while working in the Cleveland Tontine restaurant business, he would entertain his customers with unrehe****d...
- push of industry into the area forced its demolition in 1858. The name "Tontine" derives from a financial scheme originated by Neapolitan banker Lorenzo...
- 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...
- Catgut (1819), Rowena (1820), Zeal (1821), Whizgig (1822), Zinc (1823), Tontine (1825), Problem (1826), Arab (1827) Leading owner (8 wins): 4th Duke of...
- 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...
- reformed once again in 2013. Cancer was formed one night in 1988 in the Tontine public house in Ironbridge, Shropshire, by drummer Carl Stokes, guitarist...
- Full Dress (foaled 1966) was a French-bred, British-trained Thoroughbred racehorse and broodmare best known for winning the classic 1000 Guineas in 1969...