/pəʊst ˈɒbɪt/ – Noun
Definition: 1. sau khi chết;
2. hợp đồng vay mượn với cam kết của con nợ là sẽ trả nợ sau khi nhận được tài sản thừa kế.
A more thorough explanation: “Post-obit” refers to a transaction in which a person borrows money and agrees to repay the loan with interest after the lender’s death. This type of transaction is often used in estate planning or to provide financial assistance to the borrower while allowing the lender to benefit from the interest earned on the loan.
Example: In the post-obit agreement, the son promised to pay his father a certain sum of money upon the father’s death.