surety

noun

sure·ty ˈshu̇r(-ə)-tē How to pronounce surety (audio)

ˈshər-

plural sureties

: the state of being sure: such as

: sure knowledge : certainty

: confidence in manner or behavior : assurance

: a formal engagement (such as a pledge) given for the fulfillment of an undertaking : guarantee

: a basis of confidence or security

: one who has become legally liable for the debt, default, or failure in duty of another

suretyship

ˈshu̇r(-ə)-tē-ˌship How to pronounce surety (audio)

ˈshər-

noun

Example Sentences

As sureties, they will be liable in his place. gave his surety that he would pay back the loan if his sister was unable to for any reason

Recent Examples on the Web He was arraigned Wednesday in Suffolk Superior Court, where his bail was set at $5 million surety or $500,000 cash, court records show.

Grace Gilson, BostonGlobe.com, 31 Aug. 2022 Professional surety companies, which were responsible for over 80% of financial releases in 2019, now make up only 45% of releases, according to data reported by the Sentencing Commission.

Kelan Lyons, Hartford Courant, 7 Aug. 2022 The approval its product has received has come amid a dollar crisis in global financial markets, which has prompted Indian exporters to opt for letters of credit (LC) for minimal risk and surety of payment.

Mimansa Verma, Quartz, 26 July 2022 Claims would be processed by the bond or surety provider, not FMC.

Bailey Schulz, USA TODAY, 11 Feb. 2022 Nance's total bond is now $425,000 cash or corporate surety.

Tracy Neal, Arkansas Online, 12 July 2022 Bienvenu was held on a $100,000 surety or cash bond and was scheduled to appear in Norwich Superior Court on Monday.

Mike Mavredakis, Hartford Courant, 27 June 2022 The judge set Schurr's bond at $100,000 cash surety, with conditions.

ABC News, 10 June 2022 The era resists surety: During that time in Europe—and these references are almost always made to Europe—the majority of people, including virtually all peasants, were illiterate.

Amanda Mull, The Atlantic, 6 May 2022 See More

Legal Definition

surety

noun

sure·ty ˈshu̇r-ə-tē How to pronounce surety (audio)

plural sureties

: a formal engagement (as a pledge) given for the fulfillment of an undertaking

: one (as an accommodation party) who promises to answer for the debt or default of another

Note: At common law a surety is distinguished from a guarantor by being immediately liable as opposed to becoming liable only upon default of the principal. Under the Uniform Commercial Code, however, a surety includes a guarantor, and the two terms are generally interchangeable.

单词	sureties
释义	surety noun sure·ty ˈshu̇r(-ə)-tē ˈshər- plural sureties 1 : the state of being sure: such as a : sure knowledge : certainty b : confidence in manner or behavior : assurance 2 a : a formal engagement (such as a pledge) given for the fulfillment of an undertaking : guarantee b : a basis of confidence or security 3 : one who has become legally liable for the debt, default, or failure in duty of another suretyship ˈshu̇r(-ə)-tē-ˌship ˈshər- noun Synonyms bond contract covenant deal guarantee guaranty warranty See all Synonyms & Antonyms Example Sentences As sureties, they will be liable in his place. gave his surety that he would pay back the loan if his sister was unable to for any reason Recent Examples on the Web He was arraigned Wednesday in Suffolk Superior Court, where his bail was set at $5 million surety or $500,000 cash, court records show. Grace Gilson, BostonGlobe.com, 31 Aug. 2022 Professional surety companies, which were responsible for over 80% of financial releases in 2019, now make up only 45% of releases, according to data reported by the Sentencing Commission. Kelan Lyons, Hartford Courant, 7 Aug. 2022 The approval its product has received has come amid a dollar crisis in global financial markets, which has prompted Indian exporters to opt for letters of credit (LC) for minimal risk and surety of payment. Mimansa Verma, Quartz, 26 July 2022 Claims would be processed by the bond or surety provider, not FMC. Bailey Schulz, USA TODAY, 11 Feb. 2022 Nance's total bond is now $425,000 cash or corporate surety. Tracy Neal, Arkansas Online, 12 July 2022 Bienvenu was held on a $100,000 surety or cash bond and was scheduled to appear in Norwich Superior Court on Monday. Mike Mavredakis, Hartford Courant, 27 June 2022 The judge set Schurr's bond at $100,000 cash surety, with conditions. ABC News, 10 June 2022 The era resists surety: During that time in Europe—and these references are almost always made to Europe—the majority of people, including virtually all peasants, were illiterate. Amanda Mull, The Atlantic, 6 May 2022 See More Word History Etymology Middle English seurte, from Anglo-French seurté, from Latin securitat-, securitas security, from securus First Known Use 14th century, in the meaning defined at sense 1 Phrases Containing surety surety bond stand surety surety bond stand surety Legal Definition surety noun sure·ty ˈshu̇r-ə-tē plural sureties 1 : a formal engagement (as a pledge) given for the fulfillment of an undertaking 2 : one (as an accommodation party) who promises to answer for the debt or default of another Note: At common law a surety is distinguished from a guarantor by being immediately liable as opposed to becoming liable only upon default of the principal. Under the Uniform Commercial Code, however, a surety includes a guarantor, and the two terms are generally interchangeable. History and Etymology for surety Anglo-French seurté, literally, guarantee, security, from Old French, from Latin securitat- securitas, from securus secure sureties noun plural of surety 1 as in contracts a formal agreement to fulfill an obligation gave his surety that he would pay back the loan if his sister was unable to for any reason Synonyms & Similar Words Relevance contracts guarantees assurances bonds vows pledges guaranties warranties covenants deals oaths treaties securities deposits pacts insurances seals words bargains conventions compacts accords concordats pawns bails troths 2 as in sponsors a person who takes the responsibility for some other person or thing a mutual friend agreed to act as surety if I lent my cousin some money, since I wasn't certain that she'd be able to pay it back Synonyms & Similar Words sponsors guarantors patrons supporters benefactors advocates backers underwriters teachers coaches mentors chaperons chaperones champions cosponsors cosigners angels co-sponsors cosignatories
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surety

noun

Synonyms

Example Sentences

Word History

Phrases Containing surety

Legal Definition

noun

noun