シュアティシップ

名詞

partial

suretyship

noun

Definitions of suretyship

English

a contractual relationship in which one party agrees to be responsible for the debt of another party if the second party defaults (=fails to fulfill an obligation, repay a loan, or pay a sum of money due)

The Lessee hereby undertakes to obtain a guarantee of suretyship from its parent company, IMAGEWARE SYSTEMS INC.