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Financial creditors may require the debtor to find a surety, who then. How to use surety in a sentence. The surety & fidelity association of america (sfaa) is a nonprofit, nonpartisan trade association that represents all segments of the surety and fidelity. In finance, a surety / ˈʃʊərɪti /, surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower.
A Surety Is A Person Or Entity That Assumes Direct Liability For Another’s Obligation.
A surety is a promise or agreement made by one party that debts and financial obligations will be paid.