Thesaurus

surety


surety

noun

Definition of SURETY

1
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>
2
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>

March 04, 2015
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