surety meaning and definition

SURETY noun

Definition of surety (noun)

1. something clearly established
2. property that your creditor can claim in case you default on your obligation
   • "bankers are reluctant to lend without good security"
   • synonyms: security
3. a prisoner who is held by one party to insure that another party will meet specified terms
   • synonyms: hostage
4. one who provides a warrant or guarantee to another
   • synonyms: guarantor, warranter, warrantor
5. a guarantee that an obligation will be met
   • synonyms: security