surety

Definitions

Accounting

  • noun a person who guarantees that someone will do something
  • noun deeds, share certificates, etc., deposited as security for a loan

Construction

  • An individual or company that provides a bond or pledge to guarantee that another individual or company will perform in accordance with the terms of an agreement or contract.

Law

  • noun somebody who guarantees that someone will do something, especially by paying to guarantee that someone will keep the peace
  • noun something such as money, deeds or share certificates deposited as security for a loan
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