suretyship

 [shoor-i-tee-ship, shoor-tee-, shur-i-tee-, shur-tee-]  

sur·e·ty·ship

   [shoor-i-tee-ship, shoor-tee-, shur-i-tee-, shur-tee-]
noun Law.
the relationship between the surety, the principal debtor, and the creditor.
Origin:
1525–35; surety + -ship
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Suretyship is always a great word to know.
So is search warrant. Does it mean:
a court order authorizing the examination of a dwelling or other private premises by police officials, as for stolen goods
a judicial order to forbid a particular act until a decision is reached on an application for an injunction
LEARN MORE UNUSUAL WORDS WITH WORD DYNAMO...
Collins
World English Dictionary
surety (ˈʃʊətɪ, ˈʃʊərɪtɪ)
 
—n , pl -ties
1.  a person who assumes legal responsibility for the fulfilment of another's debt or obligation and himself becomes liable if the other defaults
2.  security given against loss or damage or as a guarantee that an obligation will be met
3.  obsolete the quality or condition of being sure
4.  obsolete a means of assurance or safety
5.  stand surety to act as a surety
 
[C14: from Old French seurte, from Latin sēcūritāssecurity]
 
'suretyship
 
—n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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