suretyship
[shoo r-i-tee-ship, shoo r-tee-, shur-i-tee-, shur-tee-]
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noun Law.
the relationship between the surety, the principal debtor, and the creditor.
Origin of suretyship
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for suretyship
Historical Examples of suretyship
But even then there was for her no suretyship of motherhood, or training, or control.
It may, perhaps, sound paradoxical to mention the contract of suretyship.
The Common LawOliver Wendell Holmes, Jr.
This clause of the statute is discussed more at length in the chapter on suretyship.
Attempts to perform such acts of suretyship are beyond their power, and are ultra vires.
The general term applied to contracts to answer for the debts of another is suretyship.