surety bond

noun

: a bond guaranteeing performance of a contract or obligation

Examples of surety bond in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Miami-Dade Circuit Judge Lody Jean released Oren under house arrest and GPS monitoring on a personal surety bond of $3 million, secured by a $600,000 mortgage on his father Shlomi Alexander’s $40 million Bal Harbor mansion, among other requirements, according to court papers. Molly Crane-Newman, New York Daily News, 13 Dec. 2024 Both were released from custody after posting a surety bond of $25,000. Marlene Lenthang, NBC News, 6 Dec. 2024 After his arraignment, Nantucket District Court released him on $500 cash bail or a $5,000 surety bond, according to court records and Boston ERO. Christina Coulter, Fox News, 27 Nov. 2024 Gravel received a $50,000 cash/surety bond; LeBlanc received a $25,000 cash/surety bond. Tresa Baldas, Detroit Free Press, 12 Nov. 2024 See all Example Sentences for surety bond 

Word History

First Known Use

1911, in the meaning defined above

Time Traveler
The first known use of surety bond was in 1911

Dictionary Entries Near surety bond

Cite this Entry

“Surety bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/surety%20bond. Accessed 23 Dec. 2024.

Legal Definition

surety bond

see bond sense 1a

More from Merriam-Webster on surety bond

Last Updated: - Updated example sentences
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