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Suretyship

Suretyship In the entire absence of commerce the law laid down no rules on the subject of suretyship; but it is evident that in the time of Solomon commercial dealings had become so multiplied that suretyship...

Smith's Bible Dictionary
Bible dictionary 3.5 MB

Meaning

Suretyship In the entire absence of commerce the law laid down no rules on the subject of suretyship; but it is evident that in the time of Solomon commercial dealings had become so multiplied that suretyship in the commercial sense was common. (Proverbs 6:1; 11:15; 17:18; 20:16; 22:26; 27:13) but in older times the notion of one man becoming a surety for a service to be discharged by another was in full force. See (Genesis 44:32) The surety of course became liable for his client’s debts in case of his failure.

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