POD
n.— «The mother can designate beneficiaries of the account who will receive the monies in the account upon her death. These accounts are often called “Payable on Death,” or “POD” accounts. They operate similar to an insurance policy.» —“You and the Law” by Mike Wells Winston-Salem (North Carolina) Aug. 3, 2008. (source: Double-Tongued Dictionary)
Further reading
In 1971, when a new public library opened in Troy, Michigan, famous authors and artists were invited to write letters to the city’s youngest readers, extolling the many benefits of libraries. One of the loveliest was from E.B. White, author of...
Lisa calls from Huntsville, Alabama, to say that whenever Lisa was looking sharp in an attractive dress, one “tight enough to show that you’re a woman and loose enough to show that you’re a lady,” her mother would compliment...