surety bond


Definition of surety bond 

: a bond guaranteeing performance of a contract or obligation

Examples of surety bond in a Sentence

Recent Examples on the Web

The company offers commercial and personal insurance as well as surety bonds, all through independent agents. Paul Gores, Milwaukee Journal Sentinel, "American Family Insurance announces merger plan with Main Street America Group," 4 May 2018 Johnson is now out of jail on a $100,000 surety bond in the new case, but Hamilton County prosecutors are seeking to have that revoked. Dwight Adams, Indianapolis Star, "Man faces 2nd child molestation charge in Carmel in less than a year," 19 Apr. 2018 Read more: At his arraignment, Traylor was given a $100,000 cash or surety bond, according to police. Ann Zaniewski, Detroit Free Press, "Suspect charged with shooting at police officers removes tether," 25 May 2018 He was granted a $50,000 personal surety bond, co-signed by his wife. Charles Rabin And Jay Weaver, miamiherald, "Ex-police chief, 2 officers framed teen for burglaries in tiny Miami town, feds say," 11 June 2018 O’Connell was given a $5,000 non-surety bond and has a court date at Superior Court in Manchester on June 20. Peter Marteka, Courant Community, "Glastonbury Man Arrested For Breach Of Peace," 4 June 2018 His lawyer, Abe Mashni, said Walker would be released from jail later Tuesday on a $1,000 surety bond. Justin Sayers, The Courier-Journal, "Kentucky football safety Marcus Walker arrested, faces drug charges," 24 May 2018 The board required Arizona Summit to post a $1.5 million surety bond to guarantee students would be repaid should the school fail. Anne Ryman, azcentral, "Arizona Summit aimed to redefine law school through diversity. What went wrong?," 16 May 2018 He was given a $750,000 cash surety bond and ordered to wear a tether upon release. Ann Zaniewski, Detroit Free Press, "Police: Lyft driver sexually assaulted woman in Pontiac," 2 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'surety bond.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of surety bond

1911, in the meaning defined above

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Last Updated

16 Sep 2018

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Time Traveler for surety bond

The first known use of surety bond was in 1911

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More Definitions for surety bond

surety bond

Legal Definition of surety bond 

see bond sense 1a

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