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Meaning of "suretyship" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF SURETYSHIP

suretyship  [ˈʃʊərətɪʃɪp] play
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GRAMMATICAL CATEGORY OF SURETYSHIP

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Suretyship is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SURETYSHIP MEAN IN ENGLISH?

Surety

A surety, surety bond or guaranty, in finance, is a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. The person or company providing this promise is also known as a "surety" or as a "guarantor". A surety most typically requires a guarantor when the ability of the primary obligor or principal to perform its obligations to the obligee under a contract is in question, or when there is some public or private interest which requires protection from the consequences of the principal's default or delinquency. In most common-law jurisdictions, a contract of suretyship is subject to the Statute of Frauds and is only enforceable if recorded in writing and signed by the surety and by the principal. In the United States of America, the Miller Act may require a surety bond for certain federal projects; in addition, many states have adopted their own "Little Miller Acts". The surety transaction will typically involve a producer,; in the United States the National Association of Surety Bond Producers is a trade association which represents this group.

Definition of suretyship in the English dictionary

The definition of suretyship in the dictionary is the position or role of a person who assumes legal responsibility for the fulfilment of another's debt or obligation and himself becomes liable if the other defaults.

WORDS THAT RHYME WITH SURETYSHIP


bailieship
ˈbeɪlɪʃɪp
championship
ˈtʃæmpɪənˌʃɪp
chip
tʃɪp
commissaryship
ˈkɒmɪsərɪʃɪp
demyship
ˈdemɪʃɪp
envoyship
ˈɛnvɔɪʃɪp
fellowship
ˈfɛləʊˌʃɪp
friendship
ˈfrendʃɪp
Ladyship
ˈleɪdɪʃɪp
leadership
ˈliːdəʃɪp
membership
ˈmɛmbəˌʃɪp
ownership
ˈəʊnəʃɪp
partnership
ˈpɑːtnəʃɪp
relationship
rɪˈleɪʃənʃɪp
scholarship
ˈskɒləʃɪp
secretaryship
ˈsɛkrətərɪʃɪp
ship
ʃɪp
sponsorship
ˈspɒnsəʃɪp
township
ˈtaʊnʃɪp
worship
ˈwɜːʃɪp

WORDS THAT BEGIN LIKE SURETYSHIP

sure
sure enough
sure thing
sure-enough
sure-fire
sure-footed
sure-footedly
sure-footedness
surely
sureness
sureties
surety
surf
surf ´n´ turf
surf duck
surf mat
surf music
surf scoter
surfable
surface

WORDS THAT END LIKE SURETYSHIP

apprenticeship
attorneyship
authorship
battleship
censorship
citizenship
craftsmanship
entrepreneurship
flagship
hardship
horsemanship
internship
jockeyship
notaryship
place of worship
stewardship
undersecretaryship
viceroyship
workmanship
world championship

Synonyms and antonyms of suretyship in the English dictionary of synonyms

SYNONYMS

Translation of «suretyship» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF SURETYSHIP

Find out the translation of suretyship to 25 languages with our English multilingual translator.
The translations of suretyship from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «suretyship» in English.

Translator English - Chinese

保证人
1,325 millions of speakers

Translator English - Spanish

caución
570 millions of speakers

English

suretyship
510 millions of speakers

Translator English - Hindi

suretyship
380 millions of speakers
ar

Translator English - Arabic

الكفالة
280 millions of speakers

Translator English - Russian

поручительство
278 millions of speakers

Translator English - Portuguese

caução
270 millions of speakers

Translator English - Bengali

suretyship
260 millions of speakers

Translator English - French

cautionnement
220 millions of speakers

Translator English - Malay

Suretyship
190 millions of speakers

Translator English - German

Kautions
180 millions of speakers

Translator English - Japanese

保証契約
130 millions of speakers

Translator English - Korean

보증인
85 millions of speakers

Translator English - Javanese

Suretyship
85 millions of speakers
vi

Translator English - Vietnamese

suretyship
80 millions of speakers

Translator English - Tamil

suretyship
75 millions of speakers

Translator English - Marathi

निश्चितीकरण
75 millions of speakers

Translator English - Turkish

kefalet
70 millions of speakers

Translator English - Italian

cauzione
65 millions of speakers

Translator English - Polish

poręczenie
50 millions of speakers

Translator English - Ukrainian

поручительство
40 millions of speakers

Translator English - Romanian

garanție
30 millions of speakers
el

Translator English - Greek

εγγυήσεων
15 millions of speakers
af

Translator English - Afrikaans

borgstelling
14 millions of speakers
sv

Translator English - Swedish

borgens
10 millions of speakers
no

Translator English - Norwegian

kausjons
5 millions of speakers

Trends of use of suretyship

TRENDS

TENDENCIES OF USE OF THE TERM «SURETYSHIP»

The term «suretyship» is regularly used and occupies the 95.147 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
56
/100
The map shown above gives the frequency of use of the term «suretyship» in the different countries.
Principal search tendencies and common uses of suretyship
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «suretyship».

FREQUENCY OF USE OF THE TERM «SURETYSHIP» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «suretyship» during the past 500 years. Its implementation is based on analysing how often the term «suretyship» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about suretyship

EXAMPLES

10 ENGLISH BOOKS RELATING TO «SURETYSHIP»

Discover the use of suretyship in the following bibliographical selection. Books relating to suretyship and brief extracts from same to provide context of its use in English literature.
1
Caney's the Law of Suretyship in South Africa
Of interest or benefit to: Students, Legal practioners
C. F. Forsyth, J. T. Pretorius, 2002
2
Contract Suretyship: From Principle to Practice
Written by a suretyship expert with more than three decades of experience working with contractors, this book fills that gap in the literature. In plain English, author Richard C. Lewis brings surety bonding down to earth for contractors.
Richard C. Lewis, 2000
3
Fundamentals of American Law
Suretyship law is distincdy different from letter of credit law in this respect, and this makes the assurance of payment somewhat less certain. Suretyship law is a doctrine which, historically, has been very protective of secondary obligors.
Alan B. Morrison, 1996
4
The Surety's Indemnity Agreement: Law and Practice
The Nature of Suretyship Suretyship is a "contractual relationship whereby one person engages to be answerable for the debt or default of another."3 As a form of collateral security, suretyship is perhaps the oldest and one that has invited the  ...
‎2008
5
The Law of Miscellaneous and Commercial Surety Bonds
Thus, in the sub-suretyship hypothetical, the fringe benefit bond surety's liability is ten times the amount of its liability under the co-suretyship hypothetical, whereas the general payment bond surety's liability under the sub-suretyship ...
Todd C. Kazlow, Bruce C. King, 2001
6
Handbook of the Law of Suretyship and Guaranty
General Books publication date: 2009 Original publication date: 1907 Original Publisher: West Subjects: Suretyship and guaranty Law / General Law / Administrative Law
Frank Hall Childs, 2009
7
Practical Guide to Construction Contract Surety Claims
§1.02 HISTORY OF SURETYSHIP The first contract surety bond written by an entity incorporated in the United States was in 1887.4 The concept of suretyship, however, far predates the United States. A tablet from the library of Sargon I, King of ...
William Schwartzkopf, Richard E. Tasker, 2005
8
The Law of Suretyship and Guaranty: As Administered by ...
This is a reproduction of a book published before 1923.
George W. Brandt, 2010
9
A Catalogue of the Law Collection at New York University: ...
SURETYSHIP AND GUARANTY See also Property — Personal Property — Chattel Security Transactions; Property — Real Property — Mortgages, Liens and other Encumbrances AMERICAN LAW INSTITUTE. Restatement of the law of ...
New York University. Law Library, Julius J. Marke, 1953
10
Salvage by the Surety
22 RESTATEMENT (THIRD) OF SURETYSHIP AND GUARANTY (1995), § 21, Comment /. Enforcement of the duty of performance; exoneration, Comment j. Enforcement of the duty of performance; quia timet, and Comment k. Form of relief.
George J. Bachrach, 1998

10 NEWS ITEMS WHICH INCLUDE THE TERM «SURETYSHIP»

Find out what the national and international press are talking about and how the term suretyship is used in the context of the following news items.
1
Thailand: Mortgagors and sureties' protection
An obligation secured by a surety must be expressly prescribed by the suretyship contract, including objectives, nature of obligation, maximum liability and ... «International Financial Law Review, Mar 15»
2
AAUI Desak Evaluasi Periodik Suretyship
Hal tersebut dilakukan untuk mencegah berlarutnya polemik sengketa klaim suretyship. Pasalnya, AAUI menilai melonjaknya keluhan konsumen terhadap ... «Bisnis Indonesia, Mar 15»
3
Security surplus arrangement: recent developments
Each lender guarantees payment of the loan granted by the other lender to the obligor by making use of a suretyship. The suretyship gives a lender the right to ... «International Law Office, Feb 15»
4
OJK Godok Standarisasi Produk Suretyship
Rencananya, KSCBI akan bertindak sebagai badan yang mengelola data dan profil risiko pada lini usaha suretyship, dan perusahaan yang memasarkan ... «Bisnis Indonesia, Feb 15»
5
The legalities of getting married in community of property
Signing a suretyship is one of the areas that needs extra attention from couples that are married in community of property. A suretyship is a document which is ... «DestinyMan, Feb 15»
6
BOQ proves wife knew full effects of guarantee
... the surety is a wife (and therefore may repose trust and confidence in her husband), the lender is obliged to take steps to explain the transaction of suretyship, ... «Banking Day, Dec 14»
7
Business rescue and its effect on suretyships
Suretyships are accessory in nature and are normally provided to creditors as additional security for their claims against their debtors. If the principal obligation is ... «Lexology, Jun 14»
8
Misrepresentation may be a defence
McCreath says he signed the suretyship document but did not know that was what it was. Normally that would be a weak defence: we all know never to sign any ... «Independent Online, Jun 14»
9
Dentons Budapest newsletter: licensing, deposit, distribution …
The New Civil Code removed the rules on suretyship from the rules on contractual securities and regulates it as a separate type of contract, suretyship contract, ... «Lexology, Jun 14»
10
Formal requirements for suretyships and guarantees
The Supreme Court recently settled the question of whether a hand-signed faxed declaration of suretyship is valid. Although the prevailing doctrine would ... «International Law Office, Mar 14»

REFERENCE
« EDUCALINGO. Suretyship [online]. Available <https://educalingo.com/en/dic-en/suretyship>. Apr 2024 ».
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