semitontine
semitontine noun: a form of tontine insurance in which the surplus is divided among the holders of policies in force at the termination of the tontine period, but the reverse for the paid-up value is paid on lapsed policies, and on the policies of those that have died the face value is paid.
Noun
semitontine (uncountable)
Origin of semitontine
From semi- + tontine.
Questions about semitontine
- What does semitontine mean?
- Semitontine means a form of tontine insurance in which the surplus is divided among the holders of policies in force at the termination of the tontine period, but the reverse for the paid-up value is paid on lapsed policies, and on the policies of those that have died the face value is paid.
- What part of speech is semitontine?
- Semitontine is a noun.
Words near semitontine in the dictionary
Source and license
Adapted from Wiktionary: semitontine (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “semitontine.” Word.ws, https://word.ws/semitontine. Based on Wiktionary, CC BY-SA 4.0.
