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surety

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.01 sec.
surety
1. a person who assumes legal responsibility for the fulfilment of another's debt or obligation and himself becomes liable if the other defaults
2. security given against loss or damage or as a guarantee that an obligation will be met
3. stand surety to act as a surety

surety
A person or organization who, for a consideration, promises in writing to make good the debt or default of another.


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The Lion replied, "I have no objection, but you must excuse me for requiring you to find surety for your good faith, for how can I trust anyone as a friend who is able to fly away from his bargain whenever he pleases?
Such debts amounted to about four thousand: one thousand five hundred for a horse, and two thousand five hundred as surety for a young comrade, Venovsky, who had lost that sum to a cardsharper in Vronsky's presence.
"Of a surety," said the minister, "that would I, and without pause.
 
 
 
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