suretyship
noun
sure·ty·ship
: the contractual relationship in which a surety engages to answer for the debt or default of a principal to a third party
Dictionary Entries Near suretyship
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“Suretyship.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/suretyship. Accessed 22 Dec. 2024.
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