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

Example Sentences

See Examples For:

suretyship

He standeth there in the second part of his suretyship to bring me safe thither, and to present me in a glorious manner, "not having spot or wrinkle, or any such thing."

From The Riches of Bunyan Selected from His Works by Bunyan, John

Thales of Miletos declared, and the yet greater and wiser Solomon was in accord—"Who hateth suretyship is sure."

From Proverb Lore Many sayings, wise or otherwise, on many subjects, gleaned from many sources by Hulme, F. Edward (Frederick Edward)

And for suretyship he exposes it as a matter unsafe, nay highly dangerous, declaring that to be bound for idle and wicked men is full of hazard.

From Complete Works of Plutarch — Volume 3: Essays and Miscellanies by Plutarch

"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

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 Holmes, Oliver Wendell