Assuredness vs. Surety

The state or quality of being assured.

The state of being assured; certainty; full confidence.

great coolness and composure under strain;

Example: ‘keep your cool’;

Certainty.

That which makes sure; that which confirms; ground of confidence or security.

(legal) A promise to pay a sum of money in the event that another person fails to fulfill an obligation.

(legal) One who undertakes to pay money or perform other acts in the event that his principal fails therein.

A substitute; a hostage.

Evidence; confirmation; warrant.

The state of being sure; certainty; security.

Example: ‘Know of a surety, that thy seed shall be a stranger in a land that is not theirs.’; ‘For the more surety they looked round about.’;

That which makes sure; that which confirms; ground of confidence or security.

Example: ‘[We] our happy stateHold, as you yours, while our obedience holds;On other surety none.’;

Security against loss or damage; security for payment, or for the performance of some act.

Example: ‘There remains unpaidA hundred thousand more; in surety of the whichOne part of Aquitaine is bound to us.’;

One who is bound with and for another who is primarily liable, and who is called the principal; one who engages to answer for another's appearance in court, or for his payment of a debt, or for performance of some act; a bondsman; a bail.

Example: ‘He that is surety for a stranger shall smart for it.’;

Hence, a substitute; a hostage.

Evidence; confirmation; warrant.

Example: ‘She called the saints to surety,That she would never put it from her finger,Unless she gave it to yourself.’;

To act as surety for.

something clearly established

property that your creditor can claim in case you default on your obligation;

Example: ‘bankers are reluctant to lend without good security’;

a prisoner who is held by one party to insure that another party will meet specified terms

one who provides a warrant or guarantee to another

a guarantee that an obligation will be met

In finance, a surety , surety bond or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract.