Bible Dictionaries
Post-Obit Bond
Webster's Dictionary
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.
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Bibliography Information
Webster, Noah. Entry for 'Post-Obit Bond'. Noah Webster's American Dictionary. https://www.studylight.org/dictionaries/eng/web/p/post-obit-bond.html. 1828.