The band's name is an initialism for "[[Payable on Death]]" (a term frequently used in the financial world, such as a person named to be the recipient of a bank account upon the accountholder's death). | The band's name is an initialism for "[[Payable on Death]]" (a term frequently used in the financial world, such as a person named to be the recipient of a bank account upon the accountholder's death). |