Home > Term: post-obit
post-obit
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.
- Part of Speech: noun
- Industry/Domain: Language
- Category: Dictionaries
- Company: MICRA Inc.
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Creator
- spencer12
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(Germany)