Obit
OBIT (through O. Fr., from Lat. obitus, death, obire, to go down, to die), a term for death, formerly used for the account s The last history of Hugo of Toul (12th century) was the authority of Jacques de Guyse (14th century) in his Annales^ historiae ill. princip. Hannonioe (Man. Germ, xxx.), where there is an account (bk. ix. ch. 6 ) of Alberich.
of a person's death (now " obituary "). An " obit " was also a service performed at a funeral or in commemoration of a dead person, particularly the founder or benefactor of a church, college or other institution, hence "obit-days," "obit Sunday," etc. A "post-obit" is a bond given as a security for the repayment of money lent upon the death of a person from whom the borrower has expectations (see BOND).
Note - this article incorporates content from Encyclopaedia Britannica, Eleventh Edition, (1910-1911)