·noun Death; decease; the date of one's death.
II. Obit ·noun A funeral solemnity or office; obsequies.
III. Obit ·noun A service for the soul of a deceased person on the anniversary of the day of his death.
·- ·Alt. of Post-obit bond. ...
Webster's Dictionary of the English Language
·- A bond in which the obligor, in consideration of having received a certain sum of money, binds hi...