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What does Surety mean?

A person or entity that takes responsibility for another's performance of an undertaking, for example, their appearing in court or paying a debt.

Surety in a sentence
The bank required a personal surety from the director before approving the business loan.

Surety in German, French, Spanish and Italian

German
Bürge
also Sicherheitsleistung

Person oder Firma, die für die Verbindlichkeiten eines anderen einsteht.

French
Caution
also Garant

Personne qui s'engage à payer à la place du débiteur s'il n'y satisfait pas.

Spanish
Fiador
also Garante

Persona que garantiza el cumplimiento de una obligación ajena.

Italian
Fideiussore
also Garante

Soggetto che garantisce personalmente l'adempimento di un'obbligazione altrui.

Synonyms and opposites for Surety

  • Synonym Guarantor
  • Synonym Security

More Business Law terms

All business law terms →

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