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Rahibon Kay Sar Mundanay Ki Rasam Meaning in English

The Correct Meaning of Rahibon Kay Sar Mundanay Ki Rasam in English is Tontine. Other similar words for Rahibon Kay Sar Mundanay Ki Rasam include Mushtarqa Qarz Ka Mansoobah, Rahibon Kay Sar Mundanay Ki Rasam and Paadri Banna Ya Banaya Jana. Explore this page to Translate Rahibon Kay Sar Mundanay Ki Rasam (Tontine) into English accurately.

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