Dictionary Check: surety
"surety" is a valid word!
Scrabble
9
points
Words with Friends
9
points
Definition
noun
something clearly established
noun
property that your creditor can claim in case you default on your obligation
Example:
"bankers are reluctant to lend without good security"
noun
a prisoner who is held by one party to insure that another party will meet specified terms
noun
one who provides a warrant or guarantee to another
noun
a guarantee that an obligation will be met
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