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Suretyship
Meaning
Noun
●
In Law:
An
accessory
agreement
through
which one
binds
oneself
for another already
bound
, either in whole or
in part
,
as for
one's
debt
,
default
or
miscarriage
; the
assumption
of
liability
for the
obligations
of another.
Sourced from
Wiktionary
Origin
suretyship
English
-ship
English
-sciepe
Old English (ca. 450-1100)
surety
English
seurté
Anglo-Norman
securitas
Latin
Sourced from
Etym
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