tontine - Meaning in Punjabi

Sorry, exact match is not available in the bilingual dictionary.

Definitions and Meaning of tontine in English

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

Also See

What is another word for tontine ?

Sentences with the word tontine

Words that rhyme with tontine

English Punjabi Translator

Words starting with

t to ton tont tonti tontin

Words ending with

e ne ine tine ntine ontine

What is tontine meaning in Punjabi?

The word or phrase tontine refers to 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, or a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members. See tontine meaning in Punjabi, tontine definition, translation and meaning of tontine in Punjabi. Find tontine similar words, tontine synonyms. Learn and practice the pronunciation of tontine. Find the answer of what is the meaning of tontine in Punjabi.

Other languages: tontine meaning in Hindi