
Surety
Financial Context
'Surety' often relates to money or property held to ensure financial obligations are met.
The contract required a surety to safeguard the investment.
Legal Relevance
'Surety' is frequently used in legal settings, like courts or contracts.
He offered his car as surety for the bail bond.
Not a Deposit
Understanding 'surety' as a guarantee, not just a deposit, which may not be returned.
The surety secures the completion of the project, not just indicates commitment. Compare with
AssuranceBondCollateralEndorseGuaranteeIndemnityPledgeSecurityWarranty
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