Actual tontine Synonyms

Definitions for Actual


  • (adjective) existing in fact and not merely as a possibility
  • (adjective) existing in act or fact
  • (adjective) being or existing at the present moment

Definitions for Tontine


  • (noun) an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant
  • (noun) a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members