🔤 Suretyships

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URDU

قرض کی ضمانت کے قانونی معاہدے، ذمہ داری کی ضمانتیں، ضامن بننے کے رشتے
🅰️ Roman Urdu:
qarz ki zamanat ke qanooni muahiday, zimmedari ki garantiyan, zamin banne ke rishtay
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ENGLISH

📚noun
suretyships
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PRONUNCIATION

Standard: /ˈʃʊrɪtiʃɪps/
Phonetic: /shoor i tee ships/
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DEFINITION

legal guarantee agreements, responsibilities for another person’s debt, surety relationships
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EXAMPLE SENTENCES

The bank required suretyships before approving the large loan. The lawyer explained the risks of signing suretyships. Several suretyships were included in the construction contract. Suretyships can protect creditors if a borrower does not pay. The company reviewed its suretyships before accepting the deal.
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SYNONYMS

guarantees bonds legal assurances

ANTONYMS

refusal release nonliability
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