Definition of Post-abitbond
{ Post-o"bit (?), n., or 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.
- Webster's Unabridged Dictionary (1913)
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