suretyship

/SH UH1 R AH0 T IY0 SH IH0 P/

noun

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.

Translate “suretyship” into another language

Choose a language below to open the translator with English selected as the source language.