surety :

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surety

shoo ruh tee

  • n  something clearly established
  • n  property that your creditor can claim in case you default on your obligation
  • n  a prisoner who is held by one party to insure that another party will meet specified terms
  • n  one who provides a warrant or guarantee to another
  • n  a guarantee that an obligation will be met

  • The company had good credit and no surety problems.
  • The police were unable to keep drug mafia in jail: he was bailed out on a $4 million surety.
  • But when extradition proceedings began last Friday, Suchart's men were unable to keep Pin in jail: he was bailed out on a $3 million surety with a requirement to report to the .
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