Sureties
/ˈʃʊrɪtiz/
Definitions
- (n.) Individuals or entities who guarantee the performance or obligations of a principal in a contract or legal proceeding.
The sureties pledged to cover the debt if the borrower defaulted.
Forms
- surety
Related terms
See also
Commentary
Typically used in plural to denote multiple guarantors; often appears in contexts involving bonds and bail.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.