responsibility assumed by one person on another's behalf
Found on
http://phrontistery.info/s.html
• (n.) The state of being surety; the obligation of a person to answer for the debt, default, or miscarriage of another.
Found on
http://thinkexist.com/dictionary/meaning/suretyship/
(from the article `guaranty and suretyship`) in law, assumption of liability for the obligations of another. In modern usage the term guaranty has largely superseded suretyship.Surety contracts are designed to protect businesses against the possible dishonesty of their employees. Surety and fidelity bonds fill the gap left ... [2 relat...
Found on
http://www.britannica.com/eb/a-z/s/189
Sure'ty·ship noun The state of being surety; the obligation of a person to answer for the debt, default, or miscarriage of another.
Bouvier. Found on
http://www.encyclo.co.uk/webster/S/249
An accessory agreement by which a person binds himself for another already bound, either in whole or in part, as for his debt, default or miscarriage. The person undertaken for must be liable as well as the person giving the promise, for otherwise the promise would be a principal and not a collateral agreement, and the promissor would be liable i.....
Found on
http://www.lectlaw.com/def2/s208.htm
the relationship between the surety, the principal debtor, and the creditor.
Found on
https://www.infoplease.com/dictionary/suretyship
No exact match found.
