Library / English Dictionary

    POST-OBIT BOND

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

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

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("post-obit bond" is a kind of...):

    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)

    Credits


    © 1991-2023 The Titi Tudorancea Bulletin | Titi Tudorancea® is a Registered Trademark | Terms of use and privacy policy
    Contact