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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.


Etymology

Origin of suretyship

First recorded in 1525–35; surety + -ship

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Fidelity insurance and suretyship providing against loss by reason of the dishonesty of individuals and the non-performance of obligations, contracts, etc., have often been combined with the various forms of trust company activity.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

Handbook of the law of suretyship and guaranty.

From U.S. Copyright Renewals, 1958 July - December by Library of Congress. Copyright Office

But William de Beauchamp's management of the estates was certainly not satisfactory and, if the suretyship of Chaucer was anything but a form, the poet stood a good chance of losing by it.

From Chaucer's Official Life by Hulbert, James Root

"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 Caine, Hall, Sir

He was especially afraid of a suretyship suit instituted by Widow Smith.

From Sir Walter Ralegh A Biography by Stebbing, W. (William)

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