[
UK
/ʃˈɔːɹətˌi/
]
[ US /ˈʃʊɹəti/ ]
[ US /ˈʃʊɹəti/ ]
NOUN
- a guarantee that an obligation will be met
- one who provides a warrant or guarantee to another
- something clearly established
- a prisoner who is held by one party to insure that another party will meet specified terms
-
property that your creditor can claim in case you default on your obligation
bankers are reluctant to lend without good security
How To Use surety In A Sentence
- What are you able to provide as a surety that you will repay the loan?
- The relation of principal and surety gives to the surety certain rights.
- Of the third, S. Bernard saith: Three things there be that make the death of saints precious, rest of travail, joy of novelty, surety of perdurability. The Golden Legend, vol. 6
- A cash bail of €1,250 and an independent surety of €6,300 was fixed by Judge James O'Connor.
- The creditor would not be concerned with the question whether or not the surety had an adequate understanding of the transaction.
- Sir, said Galahad, that is no marvel, for this adventure is not theirs but mine; and for the surety of this sword I brought none with me, for here by my side hangeth the scabbard. Le Morte d'Arthur: Sir Thomas Malory's book of King Arthur and of his noble knights of the Round table
- The UK has become increasingly reliant on imported food and its faith in the long-term surety of the global market is misplaced, according to research released by the Soil Association. FoodNavigator RSS
- The three parties are the principal, who is the person bonded; the obligee, the person who is protected; and the surety, the person or corporation agreeing.
- The creditor could sue the debtor, sell the mortgage securities or sue the surety.
- Nor could even he himself be called a surety absolutely innocent: for although he was properly and personally innocent, he was imputatively and substitutively guilty; for A Dissertation on Divine Justice