- the state of being sure; sureness; assurance
- something sure; certainty
- something that makes sure or gives assurance, as against loss, damage, or default; security; guarantee
- a person who takes responsibility for another
- Law one who accepts liability for another's debts, defaults of obligations, etc.
Origin of suretyMiddle English seurte ; from Old French ; from Classical Latin securitas ; from securus, sure, secure
- The condition of being sure, especially of oneself; self-assurance.
- Something beyond doubt; a certainty.
- A pledge or formal promise made to secure against loss, damage, or default; a security.
- One who has contracted to be responsible for another, especially one who assumes responsibilities or debts in the event of another party's default.
Origin of suretyMiddle English surte, from Old French, from Latin s&emacron;c&umacron;ritas, from s&emacron;c&umacron;rus, sure; see secure.
(countable and uncountable, plural sureties)
surety - Legal Definition
The person immediately responsible for the debt of another, in the event that the principal fails to meet his responsibility.