suretyship
Pronunciation
  • (British) IPA: /ˈʃʊəɹɪtiːʃɪp/, /ˈʃɔːɹətiːʃɪp/
Noun

suretyship (plural suretyships)

  1. (legal) An accessory agreement through which a person binds themselves for another already bound, either in whole or in part, as for their debt, default or miscarriage; the assumption of liability for the obligations of another.
    • 1624, Democritus Junior [pseudonym; Robert Burton], The Anatomy of Melancholy: […], 2nd edition, Oxford, Oxfordshire: Printed by John Lichfield and James Short, for Henry Cripps, OCLC 54573970 ↗:
      , vol.1, New York Review of Books, 2001, p.290:
      as a man desperately swimming drowns him that comes to help him, by suretyship and borrowing they will willingly undo all their associates and allies […].
Translations


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