Suretyship Definition

noun
(law) An accessory agreement through which a person binds themselves for another already bound, either in whole or in part, as for their debt, default or miscarriage; the assumption of liability for the obligations of another.
Wiktionary

Other Word Forms of Suretyship

Noun

Singular:
suretyship
Plural:
suretyships

Origin of Suretyship

  • From surety +‎ -ship.

    From Wiktionary

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