Surety

6 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Surety \Sure"ty\, n.; pl. {Sureties}. [OE. seurte, OF.
     se["u]rt['e], F. s[^u]ret['e]. See {Sure}, {Security}.]
     1. The state of being sure; certainty; security.
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              Know of a surety, that thy seed shall be a stranger


              in a land that is not theirs.         --Gen. xv. 13.
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              For the more surety they looked round about. --Sir
                                                    P. Sidney.
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     2. That which makes sure; that which confirms; ground of
        confidence or security.
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              [We] our happy state
              Hold, as you yours, while our obedience holds;
              On other surety none.                 --Milton.
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     3. Security against loss or damage; security for payment, or
        for the performance of some act.
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              There remains unpaid
              A hundred thousand more; in surety of the which
              One part of Aquitaine is bound to us. --Shak.
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     4. (Law) One who is bound with and for another who is
        primarily liable, and who is called the principal; one who
        engages to answer for another's appearance in court, or
        for his payment of a debt, or for performance of some act;
        a bondsman; a bail.
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              He that is surety for a stranger shall smart for it.
                                                    --Prov. xi.
                                                    15.
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     5. Hence, a substitute; a hostage. --Cowper.
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     6. Evidence; confirmation; warrant. [Obs.]
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              She called the saints to surety,
              That she would never put it from her finger,
              Unless she gave it to yourself.       --Shak.
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From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Surety \Sure"ty\, v. t.
     To act as surety for. [Obs.] --Shak.
     [1913 Webster]

From WordNet (r) 2.0 [wn]:

  surety
       n 1: something clearly established
       2: property that your creditor can claim in case you default on
          your obligation; "bankers are reluctant to lend without
          good security" [syn: {security}]
       3: a prisoner who is held by one party to insure that another
          party will meet specified terms [syn: {hostage}]
       4: one who provides a warrant or guarantee to another [syn: {guarantor},
           {warrantor}, {warranter}]
       5: a guarantee that an obligation will be met [syn: {security}]

From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:

  121 Moby Thesaurus words for "surety":
     absolute certainty, absoluteness, acceptation, acception,
     acquiescence, angel, arrogance, assurance, assuredness, backer,
     bail, bailsman, belief, bond, bondsman, certain knowledge,
     certainness, certainty, certitude, clear sailing, cocksureness,
     confidence, confidentness, conviction, courage, credence, credit,
     credulity, dead certainty, definiteness, dependence, determinacy,
     determinateness, earnest, earnest money, escrow, faith, gage,
     godfather, godparent, guarantee, guarantor, guaranty, handsel,
     harmlessness, hock, hope, hostage, hubris, immunity, indemnity,
     ineluctability, inerrability, inerrancy, inevitability,
     infallibilism, infallibility, insurance, insurer, invulnerability,
     mainpernor, mainprise, mortgagor, necessity, nonambiguity,
     noncontingency, overconfidence, oversureness, overweening,
     overweeningness, patron, pawn, pignus, pledge, poise, pomposity,
     positiveness, predestination, predetermination, pride, probatum,
     protection, proved fact, reception, recognizance, reliance,
     reliance on, replevin, replevy, risklessness, safeguard, safeness,
     safety, security, self-assurance, self-confidence, self-importance,
     self-reliance, settled belief, sponsor, stock, stocks and bonds,
     store, subjective certainty, sureness, suspension of disbelief,
     tie, token payment, trust, truth, unambiguity, undertaking,
     underwriter, unequivocalness, univocity, unmistakableness,
     vadimonium, vadium, warrant, warrantor, warranty
  
  

From Easton's 1897 Bible Dictionary [easton]:

  Surety
     one who becomes responsible for another. Christ is the surety of
     the better covenant (Heb. 7:22). In him we have the assurance
     that all its provisions will be fully and faithfully carried
     out. Solomon warns against incautiously becoming security for
     another (Prov. 6:1-5; 11:15; 17:18; 20:16).
     

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  SURETY, contracts. A person who binds himself for the payment of a sum of 
  money or for the performance of something else, for another, who is already 
  bound for the same. A surety differs from a guarantor, and the latter cannot 
  be sued until after a suit against the principal. 10 Watts, 258. 
       2. The surety differs from bail in this, that the latter actually has, 
  or is by law presumed to have, the custody of his principal, while the 
  former has no control over him. The bail may surrender his principal in 
  discharge of his obligation; the surety cannot be discharged by such 
  surrender. 
       3. In Pennsylvania it has been decided that the creditor is bound to 
  sue the principal when requested by the surety, and the debt is due; and 
  that when proper notice is given by the surety that unless the principal be 
  sued, be will consider himself discharged, he will be so considered, unless 
  the principal be sued. 8 Serg. & Rawle, 116; 15 Serg. & Rawle, 29, 30; S. P. 
  in Alabama, 9 Porter, R. 409. But in general a creditor may resort to the 
  surety for the payment of his debt in the first place, without applying to 
  the principal. 1 Watts, 28O; 7 Ham. part 1, 223. Vide Bouv. Inst. Index, 
  h.t.; Contribution;  Contracts; Suretyship.