A History of Tontines in Germany PDF Download
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Author: Phillip Hellwege
Publisher:
ISBN: 9783428156160
Category :
Languages : en
Pages : 188
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Author: Phillip Hellwege
Publisher:
ISBN: 9783428156160
Category :
Languages : en
Pages : 188
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Author: Cornelius Walford
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 594
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![The Agent's Manual of Life Assurance. By the Author of “The American Manual of Life Assurance,” Etc. [i.e. H. C. Fish.] PDF](https://books.google.com/books/content/images/frontcover/5rhVAAAAcAAJ?fife=w80-h100)
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 208
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Author: John Francis (of the Bank of England.)
Publisher:
ISBN:
Category : Insurance, Life
Languages : en
Pages : 336
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Author: Johannes von MUELLER (Edler zu Sylvelden.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 280
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Author: Samuel NEIL
Publisher:
ISBN:
Category :
Languages : en
Pages : 488
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Author: Johannes von Mueller (Edler zu Sylvelden.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 444
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Author: James Monroe Hudnut
Publisher:
ISBN:
Category : Insurance, Life
Languages : en
Pages : 477
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Author: Moshe A. Milevsky
Publisher: Cambridge University Press
ISBN: 1316407314
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
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: Johann Beckmann
Publisher:
ISBN:
Category : Discoveries in science
Languages : en
Pages : 698
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