surety
noun/ˈʃʊərəti/, /ˈʃɔːrəti/
/ˈʃʊrəti/
[countable, uncountable] (plural sureties)
(law)- money given as a promise that you will pay a debt, appear in court, etc.
- She was granted bail with a surety of $500.
- They have offered a large amount of money as surety.
- a person who accepts responsibility if somebody else does not pay a debt, appear in court, etc.
- to act as surety for somebody
- She has promised to stand surety for £5 000.
Word OriginMiddle English (in the sense ‘something given to support an undertaking that someone will fulfil an obligation’): from Old French surte, from Latin securitas, from securus ‘free from care’, from se- ‘without’ + cura ‘care’.
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