Usually means: Promise to pay after death.
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We found 13 dictionaries that define the word post-obit:

General (13 matching dictionaries)
  1. post-obit: Merriam-Webster
  2. post-obit: Oxford Learner's Dictionaries
  3. post-obit, post-obit: Collins English Dictionary
  4. post-obit: Wordnik
  5. post-obit: Wiktionary
  6. post-obit: Webster's New World College Dictionary, 4th Ed.
  7. post-obit: The Wordsmyth English Dictionary-Thesaurus
  8. post-obit: Infoplease Dictionary
  9. Post-obit, post-obit, post-obit: Dictionary.com
  10. Post-obit: Online Plain Text English Dictionary
  11. Post-obit: AllWords.com Multi-Lingual Dictionary
  12. post-obit: FreeDictionary.org
  13. post-obit: TheFreeDictionary.com

Definitions from Wiktionary (post-obit)

noun:  (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.

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