SURETY

surety

(noun) something clearly established

security, surety

(noun) a guarantee that an obligation will be met

guarantor, surety, warrantor, warranter

(noun) one who provides a warrant or guarantee to another

hostage, surety

(noun) a prisoner who is held by one party to insure that another party will meet specified terms

security, surety

(noun) property that your creditor can claim in case you default on your obligation; “bankers are reluctant to lend without good security”

Source: WordNet® 3.1


Etymology

Noun

surety (countable and uncountable, plural sureties)

Certainty.

That which makes sure; that which confirms; ground of confidence or security.

(legal) A promise to pay a sum of money in the event that another person fails to fulfill an obligation.

(legal) One who undertakes to pay money or perform other acts in the event that his principal fails therein.

A substitute; a hostage.

Evidence; confirmation; warrant.

Anagrams

• Steury, tuyers

Source: Wiktionary


Sure"ty, n.; pl. Sureties. Etym: [OE. seurte, OF. seürté, F. sûreté. See Sure, Security.]

1. The state of being sure; certainty; security. Know of a surety, that thy seed shall be a stranger in a land that is not theirs. Gen. xv. 13. For the more surety they looked round about. Sir P. Sidney.

2. That which makes sure; that which confirms; ground of confidence or security. [We] our happy state Hold, as you yours, while our obedience holds; On other surety none. Milton.

3. Security against loss or damage; security for payment, or for the performance of some act. There remains unpaid A hundred thousand more; in surety of the which One part of Aquitaine is bound to us. Shak.

4. (Law)

Definition: One who is bound with and for another who is primarily liable, and who is called the principal; one who engages to answer for another's appearance in court, or for his payment of a debt, or for performance of some act; a bondsman; a bail. He that is surety for a stranger shall smart for it. Prov. xi. 15.

5. Hence, a substitute; a hostage. Cowper.

6. Evidence; confirmation; warrant. [Obs.] She called the saints to surety, That she would never put it from her finger, Unless she gave it to yourself. Shak.

Sure"ty, v. t.

Definition: To act as surety for. [Obs.] Shak.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

23 November 2024

THEORETICAL

(adjective) concerned primarily with theories or hypotheses rather than practical considerations; “theoretical science”


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