Semitontine

Semitontine
Semitontine Sem`i*ton*tine", a. (LIfe Insurance) Lit., half-tontine; -- used to designate a form of tontine life insurance. See {Tontine insurance}. -- {Sem`i*ton*tine"}, n. [Webster 1913 Suppl.]

The Collaborative International Dictionary of English. 2000.

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  • Semitontine — Sem i*ton*tine , a. (LIfe Insurance) Lit., half tontine; used to designate a form of tontine life insurance. See {Tontine insurance}. {Sem i*ton*tine }, n. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • semitontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • semitontine policy — An endowment policy of life insurance. See tontine policy …   Ballentine's law dictionary

  • deferred dividend — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • free tontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • full tontine — Tontine insurance Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the… …   The Collaborative International Dictionary of English

  • Tontine insurance — Ton*tine in*su rance (Life Insurance) Insurance in which the benefits of the insurance are distributed upon the tontine principle. Under the old, or {full tontine}, plan, all benefits were forfeited on lapsed policies, on the policies of those… …   The Collaborative International Dictionary of English

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