post-obit bond

1. 1.

   a bond made by a reversioner to secure a loan; payable out of his reversion

   Broaderbond

Questions about post-obit bond

What does post-obit bond mean?

post-obit bond means "a bond made by a reversioner to secure a loan; payable out of his reversion".

Is post-obit bond a common word?

post-obit bond is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.