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surety

surety

2 8.5
A person who promises to pay or go to court if someone else fails to do so
  • noun
  • /ˈʃʊrɪti/
  • Formal
translation icon : fiador
  • They stood surety for the loan.
  • bail surety
  • surety company
  • surety bond

Examples

  • But I have it in my power to hold him for three days, at the end of which time I shall consider releasing him if no further evidence against him has come to light. "Will you let me stand surety for him instead?" asked Julian.

    Fiction book (1993)
  • Bail was set at $100,000 with surety.

    Blog text (9)
  • Um, however, she is unable to provide a surety.

  • Then you shall be his surety.

  • Sir, have pity; I'll be his surety.

  • Unable to find anyone to provide surety for him, the thief was led to execution.

    Academic text (2018)
  • The Bible admonishes one to avoid becoming a legal surety for others.

    Blog text (19)
  • In Scots law, it defines an instrument in which one person stands as surety for another.

  • Surety companies, which cosign these bonds, are licensed under various insurance laws and, under their charter, have legal authority to act as a financial guarantee for those posting the bond.

    Academic text (1992)
  • The bank required him to find a surety before approving the loan.

Synonyms

bondsman
vssurety
  • Specialized
16 8.9

A person who promises to pay money to free someone on bail

is gender neutral and applies to any person taking responsibility
guarantor
vssurety
  • Formal
7 6.5

A person or company who promises to pay a debt if someone else cannot

is limited to individuals taking responsibility rather than organizations
bondsperson
vssurety
  • Specialized
1 9.0

A person who signs to promise to pay money if someone does not go to court

covers responsibility for debts or other obligations beyond only court appearance
warrantor
vssurety
  • Formal
9.2

A person or company who promises that a product is good and will fix problems

takes direct responsibility for another's debts or court duties rather than product facts
warranter
vssurety
  • UK
8.6

A company that promises to fix or replace something if it fails

is about taking a person's legal or financial obligations rather than product quality

Compounds

surety bond
  • Formal
1 7.7

A promise by another company to pay the client if a contract is not fulfilled

How Liable

bondsman
  • Specialized
16 8.9
surety
  • Formal
2 8.5
guarantor
  • Formal
7 6.5
cosigner
  • US
1 4.5

Surface Forms

surety singular
sureties plural

Morphology

surety = sure (opaque) = sure + ty

The meaning 'a guarantor; person responsible for another's obligation' is a specialized legal/financial sense not transparently derived from 'sure' + '-ty' for an average learner.

Etymology

Surety comes from the Latin root secur- meaning 'without care', and long ago it was used for a promise that makes someone safe. So a surety is a person who promises to be responsible for another, like a guarantor.