suretyship

American  

[shoor-i-tee-ship, shoor-tee-, shur-i-tee-, shur-tee-] / ˈʃʊər ɪ tiˌʃɪp, ˈʃʊər ti-, ˈʃɜr ɪ ti-, ˈʃɜr ti- /

noun

Law.

1. the relationship between the surety, the principal debtor, and the creditor.

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Etymology

Origin of suretyship

First recorded in 1525–35; surety + -ship

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Example Sentences

See Examples For:

suretyship

He also introduced, during the sessions of 1842 and 1843, bills to abolish suretyship in Georgia.

From Robert Toombs Statesman, Speaker, Soldier, Sage by Pleasant A. Stovall

Robin Hood accepts her surety for four hundred pounds lent to stranger guest, 322; the Black Monk and the suretyship, 331-333 Outlaws.

From Hero-Myths & Legends of the British Race by M. I. (Maud Isabel) Ebbutt

Grave, as when prisoners shake the head and swear ’Twas only suretyship that brought ’em there.

From An Essay on Man by Henry Morley

"This is Brother Jolly," he added, "a fellow-soldier of the cross, who has suffered sore for neglecting Solomon's injunction against suretyship."

From A Son of Hagar A Romance of Our Time by Sir Hall Caine

The principal contracts known to the common law and suable in the King's Courts, a century after the Conquest, were suretyship and debt.

From The Common Law by Oliver Wendell Holmes

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