cautio

noun

cau·tio | \ ˈkȯshēˌō, ˈkau̇tēˌō\

plural cautiones\ -shēˈōˌnēz , -tēˈōˌnās \

Definition of cautio

Roman, Scots, & civil law

: an oral or written agreement to indemnify : guaranty:

a : a written assurance given as evidence of the receipt of money or as an acknowledgment of the making of a promise or of an existing state of affairs

b : an agreement by one furnishing security, a pledge, or a mortgage

c : an agreement often imposed by a judge or magistrate whereby one guarantees to protect another from loss or harm caused by the guarantor or a third person for whom the guarantor is responsible or whereby one guarantees payment or performance of an obligation of another

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