suretyship insurance

См. также в других словарях:

• 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

• guaranty and suretyship — ▪ law       in law, assumption of liability for the obligations of another. In modern usage the term guaranty has largely superseded suretyship.       Legal historians identify suretyship with situations that are quite outside the modern… …   Universalium

• casualty insurance — noun : insurance against loss from accident (as automobile, burglary, liability, accident and health, and workmen s compensation insurance and corporate suretyship) consisting in the United States of all forms of insurance written commercially… …   Useful english dictionary

• fidelity and guaranty insurance — A contract of fidelity or guaranty insurance is one whereby the insurer, for a valuable consideration, agrees, subject to certain conditions, to indemnify the insured against loss consequent upon the dishonesty or default of a designated person.… …   Black's law dictionary

• fidelity and guaranty insurance — A contract of fidelity or guaranty insurance is one whereby the insurer, for a valuable consideration, agrees, subject to certain conditions, to indemnify the insured against loss consequent upon the dishonesty or default of a designated person.… …   Black's law dictionary

• fidelity guaranty insurance — A contract whereby one, for a consideration, agrees to indemnify another against loss arising from the want of integrity or fidelity of employees or persons holding positions of trust. People ex rel. Kasson v Rose, 174 Ill 310, 51 NE 246. In… …   Ballentine's law dictionary

• corporate suretyship — noun or corporate bonding : the business of issuing fidelity and surety bonds engaged in by a corporation (as a casualty insurance company) …   Useful english dictionary

• bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …   Law dictionary

• surety — One who at the request of another, and for the purpose of securing to him a benefit, becomes responsible for the performance by the latter of some act in favor of a third person, or hypothecates property as security therefor. One who undertakes… …   Black's law dictionary

• guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… …   Black's law dictionary

• guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… …   Black's law dictionary