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suretyship

 - 3 dictionary results
Surety Bond Official Site
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www.SuretyBonds.com
Surety Bonds, Performance
All Surety Bonds, Payment, Bid Bond Subdivision Bonding, Guarantees, FL
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sur⋅e⋅ty⋅ship

  [shoor-i-tee-ship, shoor-tee-, shur-i-tee-, shur-tee-]
Use suretyship in a Sentence
–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. 2009.
Cite This Source Link To suretyship
Surety Bond Official Site
Quick and Easy Approval Process! Apply Online in Under 3 Minutes
www.SuretyBonds.com
Surety Bonds, Performance
All Surety Bonds, Payment, Bid Bond Subdivision Bonding, Guarantees, FL
www.surety-bonding.com/bonds.html
sur·e·ty   (shŏŏr'ĭ-tē)   
n.   pl. sur·e·ties

  1. The condition of being sure, especially of oneself; self-assurance.

  2. Something beyond doubt; a certainty.

  3. A pledge or formal promise made to secure against loss, damage, or default; a security.

  4. One who has contracted to be responsible for another, especially one who assumes responsibilities or debts in the event of default.


[Middle English surte, from Old French, from Latin sēcūritās, from sēcūrus, sure; see secure.]
sur'e·ty·ship' n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: sure·ty·ship
Function: noun
: the contractual relationship in which a surety engages to answer for the debt or default of a principal to a third party
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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