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post-obit bond

noun
1.
a bond paying a sum of money after the death of some specified person.
Origin of post-obit bond
1780-1790
1780-90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the Web for post-obit bond
Historical Examples
  • Rule I—Teaches to work an expected legacy or an estate in reversion, or a right of entail, with a "post-obit bond," cent.

    Comic Arithmetic Anonymous

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Word Value for post

6
7
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