suretyship

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English[edit]

Etymology[edit]

From surety +‎ -ship.

Pronunciation[edit]

  • (UK) IPA(key): /ˈʃʊəɹɪtiːʃɪp/, /ˈʃɔːɹətiːʃɪp/

Noun[edit]

suretyship (plural suretyships)

  1. (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.
    • 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:
      , 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 […].

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