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What is a surety?

In Annuities - Fixed Annuity - Asked by Admin - 8 months ago

A surety or guarantee, in finance, is a promise by one party (the guarantor) to assume responsibility for the debt obligation of a borrower if that borrower defaults.

Answered by Admin - 8 months ago


Tags: surety, guarantee, debt obligation, what is a surety?

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In Investments - Real Estate - Asked by Admin - 15 months ago

Are you looking for a way to have a way to have fixed income for the rest of your life by obtaining a fixed annuity. It is a great way to have a fixed income at a fixed rate. Wondering about "what is a surety?", annuities and specifically fixed annuities you can ask our experts for free.



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