surety
C1CEFR level
65/100Rarity: rare
TechnicalRegister
Law noun
A person who undertakes responsibility for another's appearance at court or fulfilment of an obligation.
His uncle stood surety for him, pledging a substantial sum to secure his attendance at trial.
Business noun
A person who assumes responsibility for another's debt or obligation, or the pledge given as security.
The contractor had to provide a surety before the bank would issue the performance bond.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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