Post-obit
Post-obit Post-o"bit, n., or Post-obit bond Post-o"bit bond` . [Pref. post- + obit.] (Law) 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. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • post-obit — [pōst΄ō′bit] adj. [contr. < L post obitum, after death < post, after + obitus, death: see POST & OBIT] being, or to be, in effect after a specified person s death n. a bond given by a borrower pledging to pay a debt upon the death of a… …   English World dictionary

  • Post obit — Obit O bit, n. [OF. obit, L. obitus, fr. obire to go against, to go to meet, (sc. mortem) to die; ob (see Ob ) + ire to go. See {Issue}.] 1. Death; decease; the date of one s death. Wood. [1913 Webster] 2. A funeral solemnity or office; obsequies …   The Collaborative International Dictionary of English

  • post-obit — adjective archaic taking effect after death. Origin C18: from L. post obitum, from post after + obitus decease (from obire to die ) …   English new terms dictionary

  • post-obit — n. & adj. n. a bond given to a lender by a borrower securing a sum for payment on the death of another person from whom the borrower expects to inherit. adj. taking effect after death. Etymology: L post obitum f. post after + obitus decease f.… …   Useful english dictionary

  • post-obit — /pohst oh bit, ob it/, adj. effective after a particular person s death. [1745 55; < L post obitum after death] * * * …   Universalium

  • post-obit — /poʊst ˈoʊbət / (say pohst ohbuht), / ˈɒbət/ (say obuht) adjective effective after a particular person s death. {shortened form of post obitum} …   Australian English dictionary

  • post obit — n. obsequies; service on the anniversary of the day of a person s death that is held for the soul of the deceased; bond that pays after particular person s death …   English contemporary dictionary

  • post-obit — adj. effective after a specific person s death; that takes place after a particular person s death …   English contemporary dictionary

  • post-obit — An agreement by which the obligor borrows a certain sum of money and promises to pay a larger sum, exceeding the lawful rate of interest, upon the death of a person from whom he has some expectation, if the obligor be then living …   Black's law dictionary

  • Post-obit bond — Post obit Post o bit, n., or Post obit bond Post o bit bond . [Pref. post + obit.] (Law) 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 …   The Collaborative International Dictionary of English

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