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Tontines

shipping container at sea
Definition

Tontines are joint financial arrangements or contracts used in the insurance industry, where a group of policyholders contributes to a common fund, and the remaining funds are distributed among the surviving members. While not directly related to supply chain terms, the concept of tontines has historical significance in insurance and financial practices.

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Tontines

Definition

Tontines are joint financial arrangements or contracts used in the insurance industry, where a group of policyholders contributes to a common fund, and the remaining funds are distributed among the surviving members. While not directly related to supply chain terms, the concept of tontines has historical significance in insurance and financial practices.

Have a question? Talk to an expert.

Our experts love to answer questions. Fill out the form and someone will contact you soon.

Thank you for your submission!

A member of the Vizion team will be in touch shortly.
Oops! Something went wrong while submitting the form.

Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea