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Tontine vs Tokay - What's the difference?

tontine | tokay |

As nouns the difference between tontine and tokay

is that tontine is (finance|insurance) a form of investment in which, on the death of an investor, his share is divided amongst the other investors while tokay is forest.

tontine

English

Noun

(en noun)
  • (finance, insurance) A form of investment in which, on the death of an investor, his share is divided amongst the other investors.
  • * 1971 , , Religion and the Decline of Magic , Folio Society 2012, p. 634:
  • there were many speculative schemes which gambled on the expectation of an individual's life, as in the tontine system, whereby all the group's contributions went to the last survivor.
  • * 2000 , (JG Ballard), Super-Cannes , Fourth Estate 2011, p. 237:
  • They were pleasantly high, but in an almost self-conscious way, as if they were members of a tontine blessed by the unexpected death of two or three of its members.

    Anagrams

    * English eponyms

    tokay

    English

    Alternative forms

    * tokaji

    Noun

    (en noun)
  • A variety of grape grown in eastern Hungary and in eastern Slovakia.
  • A variety of white wines made from this grape.
  • * {{quote-news, year=2009, date=February 25, author=Eric Asimov, title=Asian Fusion, via the Wine List, work=New York Times citation
  • , passage=It was made from the furmint grape, which is better known in Hungary’s lusciously sweet tokays , but this was delicate, floral and just right with a tart chicken curry dish.}}