Assurance vs. Surety

Assurance vs. Surety — Is There a Difference?
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Difference Between Assurance and Surety

Assurancenoun

The act of assuring; a declaration tending to inspire full confidence; that which is designed to give confidence.

Suretynoun

Certainty.

Assurancenoun

The state of being assured; firm persuasion; full confidence or trust; freedom from doubt; certainty.

Suretynoun

That which makes sure; that which confirms; ground of confidence or security.

Assurancenoun

Firmness of mind; undoubting, steadiness; intrepidity; courage; confidence; self-reliance.

Suretynoun

(legal) A promise to pay a sum of money in the event that another person fails to fulfill an obligation.

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Assurancenoun

Excess of boldness; impudence; audacity

his assurance is intolerable

Suretynoun

(legal) One who undertakes to pay money or perform other acts in the event that his principal fails therein.

Assurancenoun

(obsolete) Betrothal; affiance.

Suretynoun

A substitute; a hostage.

Assurancenoun

(insurance) Insurance; a contract for the payment of a sum on occasion of a certain event, as loss or death. Recently, assurance has been used, in England, in relation to life contingencies, and insurance in relation to other contingencies. It is called temporary assurance, in the time within which the contingent event must happen is limited.

Suretynoun

Evidence; confirmation; warrant.

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Assurancenoun

(legal) Any written or other legal evidence of the conveyance of property; a conveyance; a deed.

Suretynoun

something clearly established

Assurancenoun

(theology) Subjective certainty of one's salvation.

Suretynoun

property that your creditor can claim in case you default on your obligation;

bankers are reluctant to lend without good security

Assurancenoun

freedom from doubt; belief in yourself and your abilities;

his assurance in his superiority did not make him popularafter that failure he lost his confidenceshe spoke with authority

Suretynoun

a prisoner who is held by one party to insure that another party will meet specified terms

Assurancenoun

a binding commitment to do or give or refrain from something;

an assurance of help when neededsigned a pledge never to reveal the secret

Suretynoun

one who provides a warrant or guarantee to another

Assurancenoun

a statement intended to inspire confidence;

the President's assurances were not respected

Suretynoun

a guarantee that an obligation will be met

Assurancenoun

a British term for some kinds of insurance