☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Suretyship

A contractual relationship in which one person (the surety) agrees to be responsible for the debt, default, or obligation of another person (the principal debtor) to a third person (the creditor).

Etymology: Old French 'seurté' (security) · Category: General Legal Terms · Source: Restatement (Third) of Suretyship and Guaranty
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