POST-OBIT; POST-OBIT BOND n. 2 definitions
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.
PROMISE a. 2 definitions
In general, a declaration, written or verbal, made by one person to another, which binds the person who makes it to do, or to forbear to do, a specified act; a declaration which gives to the person to whom it is made a right to expect or to claim the performance or forbearance of a specified act. For if the inheritance…
PROMISSORY a.
Containing a promise or binding declaration of something to be done or forborne. Promissory note (Law), a written promise to pay to some person named, and at a time specified therein, or on demand, or at sight, a certain sum of money, absolutely and at all events; -- frequently called a note of hand. Kent. Byles. Story…
QUALITY n.
ior birth or station; high rank; elevated character. "Persons of quality." Bacon. Quality binding, a kind of worsted tape used in Scotland for binding carpets, and the like. The quality, those of high rank or station, as distinguished from the masses, or common people; the nobility; the gentry. I shall appear at the ma…
RACK n. 2 definitions
Mangle. n. -- Rack block. (Naut.) See def. 1 (f), above. -- Rack lashing, a lashing or binding where the rope is tightened, and held tight by the use of a small stick of wood twisted around. -- Rack rail (Railroads), a toothed rack, laid as a rail, to afford a hold for teeth on the driving wheel of locomotive for c…