Surety Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Surety, written in plain English, along with examples of how it is used.
What is Surety?
(n) Surety is the person who guarantees certain performance by some person to another person where by accepting the responsibility for the due performance of the agreement for which he stood as surety. If the person responsible for the performance fail to accomplish his duty, the surety is responsible to compensate it