Depinisyon ng postobit, Kahulugan ng postobit

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Definition of postobit

English to English

noun

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.

source: Webster 1913

Nearby Word

postobit, postpaid, post-paid, positivity, pocketed bat, pagtitipid, packet boat, pocket veto, pagtatapat, picket boat, pagtupad, pseudopod