About: Tontine   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

This is when a group of people take one or more collectively owned items of worth and put it in trust. The last surviving member of the group will then receive the items. Coincidentally, participants in a tontine tend to have a slightly short life expectancy. This is almost an example of a Forgotten Trope. Examples of Tontine include:

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  • Tontine
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  • This is when a group of people take one or more collectively owned items of worth and put it in trust. The last surviving member of the group will then receive the items. Coincidentally, participants in a tontine tend to have a slightly short life expectancy. This is almost an example of a Forgotten Trope. Examples of Tontine include:
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dbkwik:all-the-tro...iPageUsesTemplate
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abstract
  • This is when a group of people take one or more collectively owned items of worth and put it in trust. The last surviving member of the group will then receive the items. Coincidentally, participants in a tontine tend to have a slightly short life expectancy. Originally, a Tontine was an investment where multiple participants would buy in for an equal amount. The entity running the Tontine (usually a bank) would invest the money and pay out dividends. When a participant died, his dividends would be paid out to the remaining members. The last surviving member would receive the entire principal. This trope was commonly used in older murder mysteries, but has since fallen out of favor. This is probably because many tontines are now illegal. Mostly due to leading to murder. Lots of murders. This is almost an example of a Forgotten Trope. Examples of Tontine include:
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