post-obit bond Sentence Examples
- The post-obit bond was a risky investment, as it relied on the life expectancy of the elderly bondholder.
- The post-obit bond market emerged in the 18th century as a way for heirs to secure future inheritances.
- In a post-obit bond agreement, the borrower receives a lump sum payment today in exchange for the lender's right to a portion of their estate after their death.
- The interest rate on post-obit bonds is typically higher than traditional loans due to the inherent risk involved.
- Post-obit bonds can be advantageous for individuals who need cash immediately but don't want to take on excessive debt.
- The value of a post-obit bond is contingent on the life expectancy and health of the bondholder.
- Some post-obit bonds are structured with life insurance policies to mitigate the risk for the lender.
- The use of post-obit bonds has declined in recent years due to the availability of more conventional financing options.
- Nevertheless, post-obit bonds remain a niche financial instrument for certain circumstances.
- The ethics of post-obit bonds have been debated, as critics argue they can exploit vulnerable individuals.
post-obit bond Meaning
Wordnet
post-obit bond (n)
a bond made by a reversioner to secure a loan; payable out of his reversion
Synonyms & Antonyms of post-obit bond
No Synonyms and anytonyms found
FAQs About the word post-obit bond
a bond made by a reversioner to secure a loan; payable out of his reversion
No synonyms found.
No antonyms found.
The post-obit bond was a risky investment, as it relied on the life expectancy of the elderly bondholder.
The post-obit bond market emerged in the 18th century as a way for heirs to secure future inheritances.
In a post-obit bond agreement, the borrower receives a lump sum payment today in exchange for the lender's right to a portion of their estate after their death.
The interest rate on post-obit bonds is typically higher than traditional loans due to the inherent risk involved.
