suretyship
noun
sure·ty·ship
: the contractual relationship in which a surety engages to answer for the debt or default of a principal to a third party
Cite this Entry
“Suretyship.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/suretyship. Accessed 31 Oct. 2025.
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