tontine in a sentence
n.
📚 Grade Level: Grade 10, Grade 11, Grade 12
Definition
A tontine is a financial scheme in which participants invest in a pool and receive payouts that decrease as members pass away, rewarding longevity.
Crossword clues for tontine
Crossword clue ideas and answer hints for the word "tontine".
- Investment plan rewarding longevity among participants.
- Pooling funds where payouts diminish over time.
- Financial arrangement benefiting the last surviving member.
- Scheme where death reduces shared investment returns.
- A group investment with decreasing rewards as members die.
Tontine sentence examples
- A tontine is a financial arrangement where participants contribute to a pool, receiving payments based on their longevity.
- In the early 18th century, tontines were popular among investors seeking both profit and a measure of social engagement.
- The concept of a tontine raises interesting questions about risk-sharing and the value of life expectancy.
- As more members of a tontine die, the remaining participants receive larger payouts, creating a unique incentive structure.
- Today, while less common, tontines are still discussed in the context of retirement planning and risk management.