Dictionary
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surety
English
- 🔊 something clearly established
- 🔊 a guarantee that an obligation will be met
- 🔊 one who provides a warrant or guarantee to another
- 🔊 a prisoner who is held by one party to insure that another party will meet specified terms
- 🔊 property that your creditor can claim in case you default on your obligation“bankers are reluctant to lend without good security”