tontine in a sentence

n.

📚 Grade Level: Grade 10, Grade 11, Grade 12

Definition

Sample Sentences

1. A tontine is a financial arrangement where participants contribute to a pool, receiving payments based on their longevity.
2. In the early 18th century, tontines were popular among investors seeking both profit and a measure of social engagement.
3. The concept of a tontine raises interesting questions about risk-sharing and the value of life expectancy.
4. As more members of a tontine die, the remaining participants receive larger payouts, creating a unique incentive structure.
5. Today, while less common, tontines are still discussed in the context of retirement planning and risk management.