tontine

What does tontine mean?

• A valid word accepted in tournament Scrabble and Words With Friends play.

• noun

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

• noun

  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

Anagrams of tontine