surety bond

noun

A bond issued by one party, the surety, guaranteeing that he will perform certain acts promised by another or pay a stipulated sum, up to the bond limit, in lieu of performance, should the principle fail to perform.

Similar
performance bond
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Meanings

nounsurety bond (plural surety bonds)

plural surety bonds

  1. lawA bond issued by one party, the surety, guaranteeing that he will perform certain acts promised by another or pay a stipulated sum, up to the bond limit, in lieu of performance, should the principle fail to perform.
  2. lawIn a criminal case, the surety (or bail) bond assures the appearance of the defendant or the repayment of bail forfeited upon the defendant's failure to appear in court.

Synonyms & antonyms

nouna bond given to protect the recipient against loss in case the terms of a contract are not filled; a surety company assumes liability for nonperformance

Similar
performance bond
Broader
bondbond certificate
Also see
performance bond

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

surety bond. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/surety%20bond

MLA

“surety bond.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/surety%20bond. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “surety bond,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/surety%20bond.

Source: surety bond on Wiktionary, CC BY-SA 4.0.