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Meaning of surety
A formal agreement or promise to be responsible for something, especially for paying a debt.
Etymology of surety
The word "surety" originates from the Old French word "seurte" or "surete", which is derived from the Latin word "securitas", meaning safety or security.
Historically, the term "surety" was used in medieval law to describe a person who acted as a guarantor for another's debt or obligations.
Over time, the meaning of the word has expanded to include a range of concepts related to assurance, guarantee, and responsibility.
Synonyms
guarantee
collateral
security
pledge
bond
warranty
assurance
promise
undertaking
obligation
commitment
responsibility
liability
indemnity
protection
safeguard
insurance
covenant
contract
agreement
undertaking
vow
oath
averment
affirmation
confirmation
certification
authentication
verification
validation
substantiation
endorsement
sponsorship
backing
support
patronage
auspices
Definitions
- The state of being certain or confident about something
- A formal agreement or promise to be responsible for something, especially for paying a debt
- A person who takes on responsibility for another's debt or obligations
- A thing that gives assurance or confirmation of something
Usage Examples
- The bank required a surety before approving the loan.
- She acted as a surety for her friend's rental agreement.
- The company provided a surety bond to guarantee the completion of the project.
- The government offered a surety scheme to protect investors in case of default.