surety bond

noun

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 Today, his 29th birthday, Ford was given a $500 cash or corporate surety bond and an Oct. 21 court date. al, "Man arrested for chalking Alabama Confederate monument spends birthday in jail, gets $500 bond," 24 June 2020 California requires a $1,000 application fee, a $5,000 surety bond, and an annual license fee ranging from $2,500 to $96,000, depending on a dispensary’s projected revenue, along with a lengthy application process. Sean Murphy, BostonGlobe.com, "Pot entrepreneurs flocking to the Bible Belt for low taxes," 7 Mar. 2020 Mathey remains lodged in the Otsego County Jail on a $245,000 cash surety bond. Gaylord Herald Times, Detroit Free Press, "Gaylord man facing multiple charges for allegedly sexually assaulting teen girl," 3 Feb. 2020 Smith posted a $3,000 surety bond Friday afternoon and was released from the county jail. Janelle Griffith, NBC News, "Florida teacher accused of knocking tooth out of 7-year-old boy," 6 Feb. 2020 Brazil was given a $50,000 cash or surety bond on Jan. 16, records show. Darcie Moran, Detroit Free Press, "Michigan prisoner wrongly released by Ohio officials," 31 Jan. 2020 He was released on a $2,500 non-surety bond and is scheduled to appear in Manchester Superior Court on Dec. 23. Peter Marteka, courant.com, "Car plows into the dining room of 2 Hopewell in South Glastonbury," 7 Dec. 2019 He was charged with one felony count of retail theft for $750 or more and was held at Hillsborough County Jail for three days, before being released on a surety bond for $2,000. Maria Pasquini, PEOPLE.com, "Former Deadliest Catch Star Jerod Sechrist Arrested for Allegedly Shoplifting from IKEA," 23 Nov. 2019 Beck was arraigned in in Grosse Pointe Farms Municipal Court on Friday afternoon and received a $100,000 cash/surety bond. Tresa Baldas, Detroit Free Press, "80-year-old Grosse Pointe carjacking victim is prominent 'Crime Stopper'," 15 Nov. 2019

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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Time Traveler for surety bond

Time Traveler

The first known use of surety bond was in 1911

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Statistics for surety bond

Last Updated

27 Jun 2020

Cite this Entry

“Surety bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/surety%20bond. Accessed 3 Jul. 2020.

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More Definitions for surety bond

surety bond

Legal Definition of surety bond

see bond sense 1a

More from Merriam-Webster on surety bond

Britannica.com: Encyclopedia article about surety bond

Comments on surety bond

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