Assuredness vs. Surety

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Assurednessnoun

The state or quality of being assured.

Assurednessnoun

The state of being assured; certainty; full confidence.

Assurednessnoun

great coolness and composure under strain;

Suretynoun

Certainty.

Suretynoun

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

Suretynoun

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

Suretynoun

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

Suretynoun

A substitute; a hostage.

Suretynoun

Evidence; confirmation; warrant.

Suretynoun

The state of being sure; certainty; security.

Suretynoun

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

Suretynoun

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

Suretynoun

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.

Suretynoun

Hence, a substitute; a hostage.

Suretynoun

Evidence; confirmation; warrant.

Suretyverb

To act as surety for.

Suretynoun

something clearly established

Suretynoun

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

Suretynoun

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

Suretynoun

one who provides a warrant or guarantee to another

Suretynoun

a guarantee that an obligation will be met

Surety

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.

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