surety

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Related to Accommodation party: accommodation endorser
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Synonyms for surety

Synonyms for surety

the fact or condition of being without doubt

an assumption of responsibility, as one given by a manufacturer, for the quality, worth, or durability of a product

one who assumes financial responsibility for another

Synonyms for surety

something clearly established

property that your creditor can claim in case you default on your obligation

a prisoner who is held by one party to insure that another party will meet specified terms

Synonyms

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one who provides a warrant or guarantee to another

a guarantee that an obligation will be met

References in periodicals archive ?
First, the accommodation party acquired title to the intended replacement property before the Sept.
The accommodation party will seldom provide the temporary financing needed to acquire the replacement property and to park it or the relinquished property.
The IRS treated the taxpayer's payments under the swap as servicing the debt, and treated the swap counter-party as merely an accommodation party.
Parking transactions typically are designed to "park" the desired replacement property with an accommodation party until the taxpayer arranges for the transfer of the relinquished property to the ultimate transferee in a simultaneous or deferred exchange.
However, a person who creates a trust as an accommodation party (e.