Definition of post-obit bond

Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of post-obit bond is as below...

Post-obit bond () 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..

Lern More About Post-obit Bond

Post-obit Bond :: Post-obit bond () 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..
Random Fonts
Most Popular

close
Privacy Policy   GDPR Policy   Terms & Conditions   Contact Us