Author : Thomas Bertram Costain
Publisher : London : Collins
Page : 0 pages
File Size : 37,19 MB
Release : 1956
Category : Great Britain
ISBN :
A London con man creates a tontine wherein the surviving members receive interest on their investment, while the capital, after some years, is to go to the care of veterans.
Author : Moshe A. Milevsky
Publisher : Cambridge University Press
Page : 275 pages
File Size : 44,93 MB
Release : 2015-04-13
Category : Business & Economics
ISBN : 1107076129
The book reviews the finance, economics, and history of tontines, and argues that they should be resurrected in the twenty-first century.
Author : Thomas B. Costain
Publisher : Rare Treasure Editions
Page : 702 pages
File Size : 25,20 MB
Release : 2021-11-23T14:14:00Z
Category : Fiction
ISBN : 1774644967
Spanning 60+ years, beginning on the day Waterloo was won, it is a multigenerational story of 3 families during the Industrial Revolution. Lots of detailed descriptions of life among the varied social classes, it has been likened to stories by Dickens. It’s a very good historical fiction. A tontine is a life insurance scheme, stratified by age. Enrollees received payouts after an initial growth period, the amounts determined by the number of living recipients. Over time, as participants died, the payouts became more and more substantial. Towards the end, when the recipients became a mere handful, all sorts of betting occurred in the general populace on who would be the last survivor.
Author : Andrew McDiarmid
Publisher : Taylor & Francis
Page : 120 pages
File Size : 16,19 MB
Release : 2024-10-04
Category : Business & Economics
ISBN : 1040251625
From the last decades of the seventeenth century until the beginning of the twentieth, the tontine, in one form or another, was a ubiquitous financial instrument. As a revenue-raising tool of governments it supported the cost of war, and as a private capital-raising instrument it provided funding for civic improvement and urban development projects. While the tontine is known today mainly through fictional works (Robert Louis Stevenson, Agatha Christie, and The Simpsons among others), this book tells the history of how it evolved from a public revenue-raising scheme into a popular private investment and infrastructure financing tool, before it was displaced by cheaper forms of borrowing. Focusing on the early development of the tontine, and with European and North American case studies, the narrative brings to life the story of a little-understood financial innovation. This concise and engaging book is an ideal introduction to the history of the tontine for all readers interested in financial history.
Author : Moshe A. Milevsky
Publisher : Cambridge University Press
Page : 275 pages
File Size : 49,84 MB
Release : 2015-04-13
Category : Business & Economics
ISBN : 1316407314
In a time before bonds, treasury notes, or central banks, there were tontines. These were schemes in which a group of investors lent money to a government, corporation, or king, similar to a modern-day loan syndicate. But unlike conventional debt, periodic interest payments were distributed only to survivors. As tontine nominees died, the income of survivors correspondingly increased. Morbid, perhaps, but this was one of the earliest forms of longevity insurance in which the pool shared the risk. Moshe A. Milevsky tells the story of the first tontine issued by the English government in 1693, known as King William's tontine, intended to finance the war against French King Louis XIV. He explains how tontines work, the financial and economic thinking behind them, as well as why they fell into disrepute. Milevsky concludes with a provocative argument that suitably modified tontines should be resurrected for twenty-first-century retirement income planning.
Author : Bill Daniell
Publisher : Xlibris Corporation
Page : 289 pages
File Size : 45,49 MB
Release : 2013-04-04
Category : History
ISBN : 1479792993
As the aged, ashen-colored helicopter continued to spiral out of control minutes away from crashing into the ice-cold water surface of the Sea of Japan, seven souls remained on board. In the cockpit, the stalwart, veteran pilot, CWO4 Hector Valor, along with copilot, 2nd Lt. Joshua Cherry, were trying desperately to regain control of the failed aircraft. This fact-based, suspense, and romantic-full novel is a story about time and memories of a brotherhood that were constantly being stalked by a wicked and sinister brigadier general from another country. The time was the postVietnam War era, and fellow Americans were still struggling with resolutions that came about from the conflict in Southeast Asia. It was a time of healing and coming together as a nation, a time when America had just finished two decades of ups and downs yet continued to remain one of the greatest nations in the world. Americans were poised and ready to get on with the business at hand of redirecting their efforts to keeping our nation strong and healthy. Furthermore, it is about fact and memory of four army paratroopers who established a lifelong commitment of support for each other, a brotherhood, if you will, made one for all and all for one, A TONTINE.
Author : Richard K. Fullmer
Publisher : CFA Institute Research Foundation
Page : 54 pages
File Size : 39,50 MB
Release : 2019-07-10
Category : Business & Economics
ISBN : 1944960767
Tontines and similar mortality-pooled investment arrangements offer a useful and unique value proposition to the global retirement challenge.
Author : Henry Hawley Smart
Publisher :
Page : 424 pages
File Size : 47,21 MB
Release : 1882
Category :
ISBN :
Author : Robert Louis Stevenson
Publisher : Aeterna Classics
Page : 156 pages
File Size : 46,34 MB
Release : 2018-05-31
Category : Fiction
ISBN : 3964541206
A black comic novel about the last remaining survivors of a tontine - a group life-insurance policy in which the last surviving member stands to receive a fortune. It is a farcical, eccentric and brilliantly written piece of work.
Author : Lawrence Wagger
Publisher : Xlibris Corporation
Page : pages
File Size : 20,99 MB
Release : 2011-04-21
Category : Fiction
ISBN : 1456876538
