discharge of surety


discharge of surety
The release of a surety upon performance of the obligation or by operation of law. 50 Am J1st Suret § 40.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • exoneration of surety — The discharge of a surety. 50 Am J1st Suret § 40. See exoneration of bail …   Ballentine's law dictionary

  • SURETYSHIP — (Heb. עַרְבוּת), one person s undertaking to fulfill the obligation of another toward a third person (called the arev, ḥayyav, and nosheh, respectively). In Jewish law fulfillment of an obligation is secured primarily through the assets of the… …   Encyclopedia of Judaism

  • List of Acts of Parliament of the English Parliament, 1700 to 1706 — This is a list of Acts of Parliament of the English Parliament during that body s existence prior to the Act of Union of 1707. For legislation passed after that date see List of Acts of Parliament of the United Kingdom Parliament.The numbers… …   Wikipedia

  • exoneration — ex·on·er·a·tion /ig ˌzä nə rā shən, eg / n 1: the act of disburdening or discharging (as from a charge, liability, obligation, duty, or responsibility); also: the state of being so freed 2 a: the right of a person who has paid a debt for which he …   Law dictionary

  • Subrogation — is the legal technique under the common law by which one party, commonly an insurer (I X) of another party (X), steps into X s shoes, so as to have the benefit of X s rights and remedies against a third party such as a defendant (D). Subrogation… …   Wikipedia

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • suretyship — The relationship among three parties whereby one person (the surety) guarantees payment of a debtor s debt owed to a creditor or acts as a co debtor. Generally speaking, the relation which exists where one person has undertaken an obligation and… …   Black's law dictionary

  • Bail — Traditionally, bail is some form of property deposited or pledged to a court in order to persuade it to release a suspect from jail, on the understanding that the suspect will return for trial or forfeit the bail (and be guilty of the crime of… …   Wikipedia

  • security — I (New American Roget s College Thesaurus) Guaranty Nouns 1. security, guaranty, guarantee; gage, warranty, bond, tie, pledge, plight, mortgage, debenture, hypothecation, bill of sale, lien, pawn; stake, deposit, earnest, collateral. See promise …   English dictionary for students

  • France — • Geography, statistics, and history Catholic Encyclopedia. Kevin Knight. 2006. France     France     † …   Catholic encyclopedia


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