slovo | definícia |
Post-obit (gcide) | Post-obit \Post-o"bit\, n., or Post-obit bond \Post-o"bit bond`\
. [Pref. post- + obit.] (Law)
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.
[1913 Webster] |
| podobné slovo | definícia |
post-obit bond (encz) | post-obit bond, n: |
Post-obit bond (gcide) | Post-obit \Post-o"bit\, n., or Post-obit bond \Post-o"bit bond`\
. [Pref. post- + obit.] (Law)
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.
[1913 Webster] |
post-obit bond (wn) | post-obit bond
n 1: a bond made by a reversioner to secure a loan; payable out
of his reversion |
|