释义 |
`1`surety `2` "DUHAIME'S ONLINE LEGAL DICTIONARY"
The person who has pledged him or herself to pay back money or perform a certain action if the principal to a contract fails, as collateral, and as part of the original contract. Technically, where a person provides collateral after or before the original contract is signed, and as a separate contract, the person is called a "guarantor" and not a "surety." |