English → Hindi dictionary
tontine
ऋणांश
Definition
a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members
All Hindi meanings
ऋणांश
Examples
यदि आप एक ऋणांश में अन्य लोगों के साथ एक घर के मालिक हैं - तो मृत्यु हो जाने पर आपका हिस्सा स्वतः अन्य लोगों के लिए चला जाता हैं|
if you own a house with others in a tontine - so that on death your share goes automatically to the others.
Similar words
life assurancemixed baglife insurancetontine insuranceragbag
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