What does "post-obit" mean?
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.
noun ·Rare ·Advanced level
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"They were following pretty rapidly, upon the same terms, post obits, payable upon the death of Mrs. Wharton"
"They were following pretty rapidly, upon the same terms, post obits, payable upon the death of Mrs. Wharton"
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.
Common synonyms include: posthumous, postmortem.
They were following pretty rapidly, upon the same terms, post obits, payable upon the death of Mrs. Wharton
From post- + obit.