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Tontine শব্দের বাংলা অর্থ: টন্টাইন
Tontine Meaning In Bengali টন্টাইন
Tontine
ঋণের বার্ষিক বৃত্তি, বার্ষিক বৃত্তিবিশেষ,
Definition
1) an annuity scheme in which participants share a common fund with the benefit of survivorship
2) a group life insurance in which the survivors divide the benefits of members who die
3) a financial arrangement in which the last surviving participant receives the total amount of the fund
Examples
Tontine Example in a sentence
1) The group of investors participated in a tontine to collectively invest in a real estate project.
2) The tontine agreement stated that the last surviving member would receive the entire sum of money.
3) A tontine can be a risky investment if the participants are not well-vetted.
4) The tontine was established as a way for the friends to save for their retirement.
5) The tontine fund grew over the years as more members joined and contributed.
6) The tontine structure ensures that the surviving member receives a significant financial reward.
7) The tontine was a popular method of pooling resources in the 18th century.
8) The tontine policy specified the rules for distributing the funds among the participants' beneficiaries.
9) The tontine was initially established as a way for the community to support each other financially.
10) The tontine payout was a welcome surprise for the participant who outlived all the others.
Part of Speech
Tontine (Noun)
Bangla Academy Dictionary
Encyclopedia
an annuity scheme in which participants share a common fund with the benefit of survivorship
a group life insurance in which the survivors divide the benefits of members who die
a financial arrangement in which the last surviving participant receives the total amount of the fund
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