nonsurety

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noun

A type of bond that does not require an asset as surety up front, but which instead incurs a penalty if one defaults when it is due.

“nonsurety bond”

Scrabble 12

Meanings

nounnonsurety (uncountable)

alternative non-surety

  1. uncountablebusinessA type of bond that does not require an asset as surety up front, but which instead incurs a penalty if one defaults when it is due.

    nonsurety bond

    2 more examples

    released on nonsurety release

    nonsurety court bond

  2. obsoleteuncountableInsecurity.

Origin

Cite this entry
APA

nonsurety. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/nonsurety

MLA

“nonsurety.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/nonsurety. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “nonsurety,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/nonsurety.

Source: nonsurety on Wiktionary, CC BY-SA 4.0.