Category:Post-obit

Post-o"bit, n., or; post-o"bit bond`. Etym: [pref. post- + obit.] (law)

Defn: a bond in which the obligor, in consideration of having Received a certain sum of money, binds himself to pay a larger sum, On unusual interest, on the death of some specified individual from Whom he has expectations. Bouvier.

Post-obit; post-obit bond Post-o"bit, n., or post-o"bit bond`. [pref. post- + obit.] (law)

Defn: a bond in which the obligor, in consideration of having Received a certain sum of money, binds himself to pay a larger sum, On unusual interest, on the death of some specified individual from Whom he has expectations. Bouvier.