What does surety mean?

Definitions for surety
ˈʃʊər ɪ ti, ˈʃʊər ti, ˈʃɜr-sure·ty

Here are all the possible meanings and translations of the word surety.

Princeton's WordNet

  1. suretynoun

    something clearly established

  2. security, suretynoun

    property that your creditor can claim in case you default on your obligation

    "bankers are reluctant to lend without good security"

  3. hostage, suretynoun

    a prisoner who is held by one party to insure that another party will meet specified terms

  4. guarantor, surety, warrantor, warranternoun

    one who provides a warrant or guarantee to another

  5. security, suretynoun

    a guarantee that an obligation will be met

Wiktionary

  1. suretynoun

    certainty

    Etymology: From seurté, from securitas, securitatem.

  2. suretynoun

    A promise to pay a sum of money in the event that another person fails to fulfill an obligation.

    Etymology: From seurté, from securitas, securitatem.

  3. suretynoun

    One who undertakes to pay money or perform other acts in the event that his principal fails therein.

    Etymology: From seurté, from securitas, securitatem.

Webster Dictionary

  1. Suretynoun

    the state of being sure; certainty; security

    Etymology: [OE. seurte, OF. sert, F. sret. See Sure, Security.]

  2. Suretynoun

    that which makes sure; that which confirms; ground of confidence or security

    Etymology: [OE. seurte, OF. sert, F. sret. See Sure, Security.]

  3. Suretynoun

    security against loss or damage; security for payment, or for the performance of some act

    Etymology: [OE. seurte, OF. sert, F. sret. See Sure, Security.]

  4. Suretynoun

    one who is bound with and for another who is primarily liable, and who is called the principal; one who engages to answer for another's appearance in court, or for his payment of a debt, or for performance of some act; a bondsman; a bail

    Etymology: [OE. seurte, OF. sert, F. sret. See Sure, Security.]

  5. Suretynoun

    hence, a substitute; a hostage

    Etymology: [OE. seurte, OF. sert, F. sret. See Sure, Security.]

  6. Suretynoun

    evidence; confirmation; warrant

    Etymology: [OE. seurte, OF. sert, F. sret. See Sure, Security.]

  7. Suretyverb

    to act as surety for

    Etymology: [OE. seurte, OF. sert, F. sret. See Sure, Security.]

Freebase

  1. Surety

    A surety, surety bond or guaranty, in finance, is a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. The person or company that provides this promise, is also known as a surety or guarantor. The situation in which a surety is most typically required is when the ability of the primary obligor or principal to perform its obligations to the obligee under a contract is in question, or when there is some public or private interest which requires protection from the consequences of the principal's default or delinquency. In most common law jurisdictions, a contract of suretyship is subject to the Statute of Frauds and is only enforceable if recorded in writing and signed by the surety and the principal. In the United States, a surety bond may be required for certain federal projects due to the Miller Act; in addition, many states have adopted their own "Little Miller Acts". The surety transaction will typically involve a producer, and in the United States the National Association of Surety Bond Producers is a trade association which represents this group. If the surety is required to pay or perform due to the principal's failure to do so, the law will usually give the surety a right of subrogation, allowing the surety to "step into the shoes of" the principal and use his contractual rights to recover the cost of making payment or performing on the principal's behalf, even in the absence of an express agreement to that effect between the surety and the principal.

Chambers 20th Century Dictionary

  1. Surety

    shōōr′ti, n. certainty: he who, or that which, makes sure: security against loss: one who becomes bound for another, a sponsor.—ns. Sure′tyship, Sure′tiship, state of being surety: obligation of one person to answer for another. [Doublet security.]

How to pronounce surety?

How to say surety in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of surety in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of surety in Pythagorean Numerology is: 9

Examples of surety in a Sentence

  1. Kendall Coffey:

    Ten percent is a premium you pay a surety company, or bail bondsman, Coffey said. To get a bond in almost all cases you have to be able to fully collateralize that $150,000, meaning that either George Zimmerman or his parents have to come up with a $150,000 second mortgage on their house or from a bank. The bonding company is not a charity. They stand to lose the money. They have more than just fugitive hunters [to track down a defendant who flees.] They get collateral up front.

  2. Donald Trump:

    No politician in history -- and I say this with great surety -- has been treated worse or more unfairly, don't give in.

  3. Restore Justice:

    There's ample research that long sentences don't deter crime. It's actually the swiftness and the surety of consequences that deters crime, not the length of the sentence, the length of the sentence just costs the state and communities and families hundreds of thousands and millions of dollars and destroys lives. It doesn't make us safer. It's a myth.

  4. Donald Trump:

    Look at the way I have been treated lately, especially by the media, no politician in history, and I say this with great surety, has been treated worse or more unfairly. You can't let them get you down, you can't let the critics and the naysayers get in the way of your dreams.

  5. Siddharth Astir:

    Surety is the end of creativity.

Images & Illustrations of surety

  1. suretysuretysuretysuretysurety

Popularity rank by frequency of use

surety#10000#23287#100000

Translations for surety

From our Multilingual Translation Dictionary

Get even more translations for surety »

Translation

Find a translation for the surety definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Discuss these surety definitions with the community:

0 Comments

    Citation

    Use the citation below to add this definition to your bibliography:

    Style:MLAChicagoAPA

    "surety." Definitions.net. STANDS4 LLC, 2021. Web. 28 Nov. 2021. <https://www.definitions.net/definition/surety>.

    Are we missing a good definition for surety? Don't keep it to yourself...

    Browse Definitions.net

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    directed outward; marked by interest in others or concerned with external reality
    • A. appellative
    • B. extroversive
    • C. ambidextrous
    • D. unsealed

    Nearby & related entries:

    Alternative searches for surety: