nonsurety

English

Etymology

From non- +‎ surety.

Noun

nonsurety (uncountable)

1. (obsolete) insecurity
2. 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.

   released on nonsurety release

   nonsurety court bond

   nonsurety bond

Part or all of this entry has been imported from the 1913 edition of Webster’s Dictionary, which is now free of copyright and hence in the public domain. The imported definitions may be significantly out of date, and any more recent senses may be completely missing.
(See the entry for “nonsurety”, in Webster’s Revised Unabridged Dictionary, Springfield, Mass.: G. & C. Merriam, 1913, →OCLC.)