suretyship

[ shoor-i-tee-ship, shoor-tee-, shur-i-tee-, shur-tee- ]
nounLaw.

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

Origin of suretyship

1
First recorded in 1525–35; surety + -ship

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

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