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Definition of: post-obit
(pōst·ō′bit) adjective
Made or done after death; taking effect after death: also post′-o·bit′u·ar′y (-ō·bich′·er′ē).
—noun A bond given to secure payment by the obligor of a sum of money on the death of a designated person, generally one from whose estate he has expectations: also post-obit bond. [Contraction of POST OBITUM]
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