/ˈʃʊərɪti ɒn ə bɪl/ – Phrase
Definition: người bảo lãnh hối phiếu.
A more thorough explanation: Surety on a bill refers to a person who guarantees the payment of a bill of exchange in case the primary party fails to make the payment. The surety assumes the responsibility to pay the bill if the original debtor defaults.
Example: The surety on the bill was required to guarantee the payment in case the primary debtor defaulted.