Webster's 1913 Dictionary
POST-OBIT; POST-OBIT BOND
Post-o "bit, n., or; Post-o "bit bond `. Etym: [Pref. post- + obit. ](Law )
Defn: 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.
POST-OBIT; POST-OBIT BOND
POST-OBIT; POST-OBIT BOND Post-o "bit, n., or Post-o "bit bond `. [Pref. post- + obit. ] (Law )
Defn: 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.
New American Oxford Dictionary
post-obit
post-o bit ▶adjective archaic taking effect after death. ORIGIN mid 18th cent.: from Latin post obitum, from post ‘after ’ + obitus ‘decease ’ (from obire ‘to die ’).
Oxford Dictionary
post-obit
post-obit |ˈəʊbɪt, -ˈɒbɪt | ▶adjective archaic taking effect after death. ORIGIN mid 18th cent.: from Latin post obitum, from post ‘after ’ + obitus ‘decease ’ (from obire ‘to die ’).