post-obit bond

📖 中文释义

  1. [法] 死亡时到期的借据, 死后清偿的条约
📘 English Definition(英文释义)
  1. A bond in which the obligor, in consideration of
  2. having received a certain sum of money, binds himself to pay a larger
  3. sum, on unusual interest, on the death of some specified individual
  4. from whom he has expectations.