nonsurety (0 synonym found)

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Definition of nonsurety:

(n) : (finance) A type of bond that does not require an asset as surety up front, but which instead incurs a penalty if one defaults when it is due.
(n) : (obsolete) insecurity

Definition of nonsurety:

(n) : (finance) A type of bond that does not require an asset as surety up front, but which instead incurs a penalty if one defaults when it is due.
(n) : (obsolete) insecurity

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