/ɪɡˌzɑːnəˈreɪʃən ʌv ˈʃʊrɪti/ – Phrase
Definition: miễn bảo lãnh.
A more thorough explanation: Exoneration of surety refers to the release or discharge of a person who has acted as a surety or guarantor for another individual’s obligations, typically in a legal or financial context. This release may occur through various means, such as the fulfillment of the underlying obligation, the agreement of the parties involved, or by operation of law.
Example: The exoneration of the surety was granted by the court after the principal debtor fulfilled their obligations under the contract.