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Bible Dictionaries
Post-Obit Bond

Webster's Dictionary

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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.

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.
 
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