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- DictionarySur·e·ty/ˈSHo͝orədē/
noun
- 1. a person who takes responsibility for another's performance of an undertaking, for example their appearing in court or the payment of a debt.
The meaning of SURETY is the state of being sure. How to use surety in a sentence. the state of being sure: such as; sure knowledge : certainty; confidence in manner or behavior : assurance…
security against loss or damage or for the fulfillment of an obligation, the payment of a debt, etc.; a pledge, guaranty, or bond. a person who is legally responsible for the debt, default, or delinquency of another.
Oct 12, 2023 · A surety is made by a person or party that takes responsibility for the debt, default, or other financial responsibilities of another party. Sureties are used...
a promise, or money or property given as a promise, that someone will do something that they have said they will do, such as pay a debt or appear in court: Analysts doubt whether Ford would have been able to raise such a large amount of debt without some kind of surety.
a promise, or money or property given as a promise, that someone will do something that they have said they will do, such as pay a debt or appear in court: Analysts doubt whether Ford would have been able to raise such a large amount of debt without some kind of surety.
A surety is a fact that no one questions. Surety, in a legal sense, is the security you can provide when you apply for a loan. When you're sure of something, you're positive it's true. Such things are sureties, because they inspire such confidence. Also, there's a legal type of surety.
1. the state of being sure; sureness; assurance. 2. something sure; certainty. 3. something that makes sure or gives assurance, as against loss, damage, or default; security; guarantee. 4. a. a person who takes responsibility for another.
1. security against loss or damage or for the payment of a debt or fulfillment of an obligation; a pledge, guaranty, or bond. 2. a person who has made himself or herself responsible for another, as a sponsor or bondsman. 3. the state or quality of being sure; certainty.
noun. /ˈʃʊərəti/, /ˈʃɔːrəti/. /ˈʃʊrəti/. [countable, uncountable] (plural sureties) (law) money given as a promise that you will pay a debt, appear in court, etc. She was granted bail with a surety of $500. They have offered a large amount of money as surety.
Surety Definition. The state of being sure; sureness; assurance. Something sure; certainty. Something that makes sure or gives assurance, as against loss, damage, or default; security; guarantee. A person who takes responsibility for another.
