surety etymology

Etymology

The word "surety" is derived from the Old French word "seureté," which in turn comes from the Latin word "securitas," meaning "security" or "safety."

Meaning

A surety is a person who guarantees the performance of an obligation by another person. The surety is legally liable to the creditor if the principal debtor (the person who owes the obligation) defaults on their payment.

Origin

The concept of suretyship has been around for centuries. In ancient Rome, sureties were often used to secure loans and other financial obligations. The idea of using a third party to guarantee the performance of an obligation provided creditors with additional security and reduced the risk of default.

Over time, the concept of suretyship was adopted by other legal systems around the world. Today, suretyship is a common form of security used in a variety of commercial and financial transactions.

surety relate terms

• secure

  Etymology The word secure originates from the Latin term securus meaning free from

• cure

  Etymology The word cure comes from the Latin word cura which means care The Latin

• sure

  Etymology Sure comes from the Old English word sīcur which meant carefree safe

• security

  Etymology The word security is derived from the Latin word securus meaning free fro

• secure

  Etymology The word secure originates from the Latin term securus meaning free from

• surety

  Etymology The word surety is derived from the Old French word seureté which in turn

• safety

  Etymology The word safety is derived from the Old French word sauveté which in turn

• surety

  Etymology The word surety is derived from the Old French word seureté which in turn

• hostage

  Etymology Host Middle English from Old French hoste from Latin hospes guest host

• pledge

  Etymology The word pledge comes from the Old English word plegg meaning a pledge

• certainty

  Etymology The word certainty comes from the Old French word certeinte which in turn

• wage

  Etymology The word wage originates from the Old French word gage which means pledge

• pledge

  Etymology The word pledge comes from the Old English word plegg meaning a pledge

• caution

  Etymology The word caution comes from the Late Latin word cauere meaning to take he

• warrant

  Etymology The word warrant originates from the Old French term warant which in turn

• sponsor

  Etymology The word sponsor comes from the Latin word spondere which means to promis

• guarantee

  Etymology The word guarantee comes from the Old French word garantie which in turn

• prisoner

  Etymology The word prisoner comes from the Old French word prisoner meaning one wh