Webster’s Revised Unabridged Dictionary · 1913
Post-obit
Post-o′bit, n., or 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.