What is another word for tontines?

Pronunciation: [tˈɒntiːnz] (IPA)

Tontines are a form of investment scheme that involves a group of individuals contributing to a pool of money. The funds are then invested, and the returns are shared among the participants. Synonyms for tontines include "rotating savings and credit association," "sou-sou," "stokvel," and "partnership." These terms are typically used in different cultural contexts, but they all describe a similar financial arrangement. Tontines have been used throughout history as a way to pool resources and provide financial support to members of a community. While they can be a risky investment strategy, they can also provide a sense of security and shared responsibility.

What are the hypernyms for Tontines?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    investing, Risk Management, alternative investment, financial product, equity investment, pooled investment.

Word of the Day

multitasker
The word "multitasker" usually refers to someone who can perform different tasks simultaneously. However, there are several antonyms for this word, which describe the opposite type...