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What does surety mean?

Looking for the meaning or definition of the word surety? Here's what it means.

Noun
  1. Certainty.
  2. That which makes sure; that which confirms; ground of confidence or security.
  3. (law) A promise to pay a sum of money in the event that another person fails to fulfill an obligation.
  4. A substitute; a hostage.
  5. Evidence; confirmation; warrant.
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Examples
In fact, I am instructed that Michael John Hunter Davies did not become a surety.
A surety who pays off the debt owed by the principal debtor is subrogated to any securities given by the debtor as security for the debt.
The system electronically assigns a unique, tamper-proof authorization code to individual surety bonds.
Under a surety bond, if the bonded party doesn't fulfill their side of a deal, the company issuing the bond steps in to compensate the customer.
If that is the case, the defendant will simply have to remain in custody, if no suitable surety within the jurisdiction can be found.
It's hard to square our usual image of Stevens as a doggedly conscientious master of surety and fidelity with this carefree frontiersman.

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