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Tontine Meaning In Hindi

Tontine Meaning in Hindi is . It is written as in Roman Hindi. Tontine is a noun by form. The synonyms and antonyms of Tontine are listed below.

Definitions of Tontine

n. An annuity, with the benefit of survivorship, or a loan raised on life annuities with the benefit of survivorship. Thus, an annuity is shared among a number, on the principle that the share of each, at his death, is enjoyed by the survivors, until at last the whole goes to the last survivor, or to the last two or three, according to the terms on which the money is advanced. Used also adjectively.

Form Noun

How To Spell Tontine [ton-teen, ton-teen]

Origin of Tontine Mid 18th century: from French, named after Lorenzo Tonti (1630–95), a Neapolitan banker who started such a scheme to raise government loans in France ( c 1653).

Synonyms For Tontine , Similar to Tontine