heir substitute, in a bond


heir substitute, in a bond
The obligee of a bond payable on the death of a creditor.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

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  • inheritance — /in her i teuhns/, n. 1. something that is or may be inherited; property passing at the owner s death to the heir or those entitled to succeed; legacy. 2. the genetic characters transmitted from parent to offspring, taken collectively. 3.… …   Universalium

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