Definition of post obit in English English dictionary
{i} obsequies; service on the anniversary of the day of a person's death that is held for the soul of the deceased; bond that pays after particular person's death
{s} effective after a specific person's death; that takes place after a particular person's death
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