surety bond
nounDefinition of surety bond
: a bond guaranteeing performance of a contract or obligation
Examples of surety bond in a Sentence
Recent Examples on the Web
Judge Outlaw then set bail at a $1 million surety bond or $100,000 in cash. — Globe Staff, BostonGlobe.com, "Judge Darrell L. Outlaw, who spoke out against the prevalence of guns, dies at 95," 22 Aug. 2019 Police say he was released on a $2,500 non-surety bond and taken to Hartford Hospital for evaluation. — Eric Levenson, CNN, "Truck driver in deadly motorcycle crash drove erratically and crossed center line, complaint says," 25 June 2019 The approvals were made with several contingencies, including that a surety bond be placed with the clerk-treasurer, a temporary fence or barrier be installed and drainage issues be mediated. — Karen Caffarini, Post-Tribune, "Developer says subdivision construction coming this summer in Hobart," 7 June 2019 People who can’t afford bail often turn to an agency that can deposit a surety bond with the court on the defendant’s behalf in return for a nonrefundable fee. — Jason L. Riley, WSJ, "Bipartisanship on Bail," 25 Sep. 2018 She was arraigned Friday in 41-B District Court in Clinton Township, where she was given a $20,000 cash surety bond. — Christina Hall, Detroit Free Press, "Woman angry over order bites off part of restaurant owner's ear," 29 June 2018 The company offers commercial and personal insurance as well as surety bonds, all through independent agents. — Paul Gores, Milwaukee Journal Sentinel, "American Family Insurance announces merger plan with Main Street America Group," 4 May 2018 Johnson is now out of jail on a $100,000 surety bond in the new case, but Hamilton County prosecutors are seeking to have that revoked. — Dwight Adams, Indianapolis Star, "Man faces 2nd child molestation charge in Carmel in less than a year," 19 Apr. 2018 Read more: At his arraignment, Traylor was given a $100,000 cash or surety bond, according to police. — Ann Zaniewski, Detroit Free Press, "Suspect charged with shooting at police officers removes tether," 25 May 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'surety bond.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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