Surety

usgb/ˈʃʊrəti/
noun

Something given as a guarantee that a commitment will be made.

The prisoner was released on surety of $10,000.
Visual representation of "surety" - Something given as a guarantee that a commitment will be made.

Usage tips

Formal

Legal

Definition 1 of 4
Visual representation of "surety"
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Financial Context

'Surety' often relates to money or property held to ensure financial obligations are met.

Illustration for Financial Context
The contract required a surety to safeguard the investment.
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Legal Relevance

'Surety' is frequently used in legal settings, like courts or contracts.

Illustration for Legal Relevance
He offered his car as surety for the bail bond.
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Not a Deposit

Understanding 'surety' as a guarantee, not just a deposit, which may not be returned.

Illustration for Not a Deposit
The surety secures the completion of the project, not just indicates commitment.
Visual representation of the word "Surety"

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