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Definition of Surety
1. Noun. Something clearly established.
2. Noun. Property that your creditor can claim in case you default on your obligation. "Bankers are reluctant to lend without good security"
Generic synonyms: Transferred Possession, Transferred Property
Specialized synonyms: Deposit, Earnest, Recognisance, Recognizance, Stock Warrant, Stock-purchase Warrant, Warrant
3. Noun. A prisoner who is held by one party to insure that another party will meet specified terms.
4. Noun. One who provides a warrant or guarantee to another.
Generic synonyms: Patron, Sponsor, Supporter
Derivative terms: Guarantee, Warrant, Warrant
5. Noun. A guarantee that an obligation will be met.
Definition of Surety
1. n. The state of being sure; certainty; security.
2. v. t. To act as surety for.
Definition of Surety
1. Noun. certainty ¹
2. Noun. (legal) A promise to pay a sum of money in the event that another person fails to fulfill an obligation. ¹
3. Noun. (legal) One who undertakes to pay money or perform other acts in the event that his principal fails therein. ¹
¹ Source: wiktionary.com
Definition of Surety
1. sureness [n -TIES] - See also: sureness
Lexicographical Neighbors of Surety
Literary usage of Surety
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1911)
"When the case was called for trial In the superior •court, the plaintiff moved
to dismiss the appeal, on the ground that the same surety appeared on both ..."
2. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1918)
"vanla In favor of Its surety the American surety Company of New York, ... As a
general proposition, the claim that the principal and surety In a contract of ..."
3. The Law of Contracts by Samuel Williston, Clarence Martin Lewis (1920)
"A variation of the contract between creditor and principal impliedly authorized
by the original contract between them will not discharge a surety . ..."
4. Journal by General Assembly, Pennsylvania General Assembly. Senate, Pennsylvania (1906)
"25000 Corporate surety. 50000 Corporate surety. 2000000 Directors surety.
2000000 Directors surety. Delaware County Trust, Safe Deposit and Title Insurance ..."
5. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1912)
"That principle is the extent of tne pecuniary responsibility sustained by the
surety in an official bond for the conduct of his principal. ..."
6. The American Year Book: A Record of Events and Progress by Francis Graham Wickware, (, Albert Bushnell Hart, (, Simon Newton Dexter North, William M. Schuyler (1914)
"Fidelity and surety Insurance.— The data of the issue of the Insurance Year Book
for 1913 show that the combined premiums received by fidelity and surety ..."
7. The American Year Book by Simon Newton Dexter North, Francis Graham Wickware, Albert Bushnell Hart (1914)
"Fidelity and surety Insurance.— The data of the issue of the Insurance Year Book
for 1913 show that the combined premiums received by fidelity and surety ..."
8. Encyclopaedia Britannica, a Dictionary of Arts, Sciences, Literature and edited by Hugh Chisholm (1910)
"On the other hand, the surety may now, in any court in which the action on the
... Independent proof of the surety's liability under his guarantee must ..."
Other Resources:
