HyperDicEnglishPOST- ... post-obit bond

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Related WikiPedia: post-obit bond
English 1 sense of the expression post-obit bond:
NOUNpossessionpost-obit bonda bond made by a reversioner to secure a loan
Englishpost-obit bond: 1 sense noun 1, possession
MeaningA bond made by a reversioner to secure a loan; payable out of his reversion.
Broaderbond, bond certificateA certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money

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