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post-obit bond

noun

  1. a bond paying a sum of money after the death of some specified person.


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Word History and Origins

Origin of post-obit bond1

First recorded in 1780–90

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Example Sentences

Rule I—Teaches to work an expected legacy or an estate in reversion, or a right of entail, with a "post-obit bond," cent.

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post-obitpost obitum