Tontine

id: tontine-212-3296867
title: Tontine
text: A tontine is an investment linked to a living person which provides an income for as long as that person is alive. Such schemes originated as plans for governments to raise capital in the 17th century and became relatively widespread in the 18th and 19th centuries. Tontines enable subscribers to share the risk of living a long life by combining features of a group annuity with a kind of mortality lottery. Each subscriber pays a sum into a trust and thereafter receives a periodical payout. As mem
brand slug: wiki
category slug: encyclopedia
description: Investment plan
original url: https://en.wikipedia.org/wiki/Tontine
date created: 2003-09-16T03:14:34Z
date modified: 2024-09-12T07:26:25Z
main entity: {"identifier":"Q576645","url":"https://www.wikidata.org/entity/Q576645"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/7/74/Tontine_Hotel_sign%2C_Ironbridge%2C_UK.JPG","width":2304,"height":3456}
fields total: 13
integrity: 16

Related Entries

Explore Next Part