sureties

Meanings

• noun

  A group of persons or organizations that guarantee the fulfillment of a debt or obligation. In law, a bond or other form of guarantee.

  - "The bank required sureties before issuing the loan."
  - "The defendant put up sureties for his release from jail."

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Rhymes

Words rhyming with sureties
allies , surveys , vigilies , companies

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Variants

List of all variants of sureties that leads to same result
sureties , surety , suretyship , suretyships

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Etymology

origin and the way in which meanings have changed throughout history.

From Old French sûrté, from sûr 'safe' + -té 'condition, state'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'surety bond' is often used in the construction industry to guarantee that contractors will complete their work on time and to the required standards.

2. In some countries, sureties are required for various types of licenses, such as a driver's license or a business license.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Bond: A type of financial instrument that represents a loan made by an investor to a borrower. A surety bond is a specific type of bond where the investor guarantees the borrower's debt or obligation.

2. Guarantor: A person or organization that assumes responsibility for another person's or organization's debt or obligation. A surety is a type of guarantor.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

In literature, sureties are often used in legal contexts and can represent a source of security or protection. In art, the concept of a 'surety bond' is often depicted as a symbol of trust and reliability.

How to Memorize "sureties"

1. visualize
   

   - Imagine a group of people or organizations standing together, promising to pay a debt or fulfill an obligation if the primary debtor fails to do so.

2. associate
   

   - Think of the word 'sure' when remembering the meaning of 'sureties'. A surety is someone who provides a guarantee or assurance.

3. mnemonics
   

   - Use the acronym SURE to remember the meaning of 'sureties': S for 'source of security', U for 'unconditional obligation', R for 'risk mitigation', and E for 'ensuring compliance'.

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