: a bond guaranteeing performance of a contract or obligation
Examples of surety bond in a Sentence
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The Illinois Racing Board confirmed that the track was unable to open the first weekend of this year due to its failure to meet the requirements to obtain an operating license for 2026, including various surety bonds to cover the track’s financial obligations.—Robert McCoppin, Chicago Tribune, 7 Jan. 2026 She was released on a $100,000 surety bond and was allowed to leave the state to spend her pre-trial period under house arrest at both her mother and father's homes in Tennessee.—Chris Spargo, PEOPLE, 29 Dec. 2025 She was granted a $50,000 cash surety bond.—Alexandra Koch, FOXNews.com, 13 Nov. 2025 Harrison set a surety bond of $50,000 and a cash bond of $1,000.—Ryan Murphy, IndyStar, 9 Oct. 2025 See All Example Sentences for surety bond
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