Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun post-obit_bond

1 sense of post-obit bond

Sense 1
post-obit bond -- (a bond made by a reversioner to secure a loan; payable out of his reversion)
       => bond, bond certificate -- (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)