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Definition of Suretyship
1. n. The state of being surety; the obligation of a person to answer for the debt, default, or miscarriage of another.
Definition of Suretyship
1. Noun. (legal) An accessory agreement through which a person binds themselves for another already bound, either in whole or in part, as for their debt, default or miscarriage; the assumption of liability for the obligations of another. ¹
¹ Source: wiktionary.com
Definition of Suretyship
1. [n -S]