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1. Dictionary

   surety

   /ˈʃʊərɪti/

   noun

   • 1. a person who takes responsibility for another's performance of an undertaking, for example their appearing in court or paying a debt: "the rights of wives who act as sureties for their husband's debts" Similar guarantorsponsor
   • ▪ money given to support an undertaking that someone will perform a duty, pay their debts, etc.; a guarantee: "the magistrate granted bail with a surety of £500" Similar pledgecollateralguarantyguaranteebondinsurancebaildepositsecurityindemnityindemnificationassurancearchaic:gageearnest
   • 2. the state of being sure or certain of something: "the surety of my impending fatherhood"

   Word Origin Middle English (in the sense ‘something given to support an undertaking that someone will fulfil an obligation’): from Old French surte, from Latin securitas (see security).

   Derivatives

   • 1. suretyship noun

   Scrabble Points: 9

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   More definitions, origin and scrabble points

2. People also ask

   What is a surety and how does it work?

   • A surety is a promise or agreement made by one party that debts and financial obligations will be paid. In effect, a surety acts as a guarantee that a person or an organization assumes responsibility for fulfilling financial obligations in the event that the debtor defaults and is unable to make payments.

   Surety: Definition, How It Works With Bonds, and Distinctions

   www.investopedia.com/terms/s/surety.asp

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   Is a house a surety?

   • 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. If you take out a loan, a house you own could be a surety: it could be claimed by your creditors if you don't repay the loan.

   Surety - Definition, Meaning & Synonyms | Vocabulary.com

   www.vocabulary.com/dictionary/surety

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   Is a surety a bank guarantee?

   • A surety is not a bank guarantee. Similarly, it is not an insurance policy. Where the surety is liable for any performance risk posed by the principal, the bank guarantee is liable for the financial risk of the contracted project. The payment made to the surety company is paying for the bond, but the principal is still liable for the debt.

   Surety: Definition, How It Works With Bonds, and Distinctions

   www.investopedia.com/terms/s/surety.asp

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   What is a surety & a guarantor?

   • In effect, a surety acts as a guarantee that a person or an organization assumes responsibility for fulfilling financial obligations in the event that the debtor defaults and is unable to make payments. The party that guarantees the debt is referred to as the surety or the guarantor.

   Surety: Definition, How It Works With Bonds, and Distinctions

   www.investopedia.com/terms/s/surety.asp

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3. www.investopedia.com › terms › sSurety: Definition, How It Works With Bonds, and Distinctions

   www.investopedia.com › terms › s

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   Aug 29, 2024 · A surety is a promise or agreement that one party will pay the debts or obligations of another party if they default. Learn how sureties work with bonds, the types of surety bonds, and the benefits and risks of using them.

   • Author: Will Kenton

4. dictionary.cambridge.org › dictionary › englishSURETY | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   Surety is a noun that means a person or a promise that guarantees someone will do something or pay a debt. Learn how to use surety in law, business and other contexts with examples and translations.

5. Videos

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     5:17

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     What Is Surety? Learn the Definition of Surety

     13 Oct 2014

     20K views

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     5:43

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     🔵 Surety Meaning - Surety Examples - Surety Definition - Business English - Surety

     19 Nov 2023

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     4:41

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     What are Surety Bonds? Explained with Examples

     30 Apr 2018

     110.9K views

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6. www.merriam-webster.com › dictionary › suretySurety Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › surety

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   Learn the meaning of surety as a noun, with synonyms, examples, and word history. Find out how surety can refer to certainty, guarantee, or legal responsibility.

7. dictionary.cambridge.org › english › suretySURETY | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › english › surety

   • Cached

   Surety is a legal term for a person or a promise that guarantees someone will do something they have agreed to do. Learn more about the meaning, usage and examples of surety in English and Business English.

8. www.oxfordlearnersdictionaries.com › definitionsurety noun - Definition, pictures, pronunciation and usage ...

   www.oxfordlearnersdictionaries.com › definition

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   Surety is a noun that means money or a person who guarantees something, such as a debt or an appearance in court. Learn how to use surety in a sentence and see synonyms and word origin.

9. www.vocabulary.com › dictionary › suretySurety - Definition, Meaning & Synonyms - Vocabulary.com

   www.vocabulary.com › dictionary › 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.

10. www.dictionary.com › browse › suretySURETY Definition & Meaning - Dictionary.com

    www.dictionary.com › browse › surety

    • Cached

    Surety is a noun that means security, guarantee, or assurance for something. It can also refer to a person who is legally responsible for another's debt or obligation. See the origin, usage, and examples of surety from Dictionary.com.