Encyclopedia of The Bible – Surety
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Surety

SURETY (עָרַב֒, H6842, take on pledge, give in pledge, exchange; עֵרָבﯴן, H6860, a pledge; ἔγγυος, G1583, guarantor). A pledge or object in the possession of the debtor handed over to the creditor as a guarantee for his debt.

The RSV in one instance and the KJV several times uses this word as an Eng. auxiliary for the emphatic Heb. construction (e.g., Gen 15:13). Elsewhere the OT references are to a person becoming surety for another. In Biblical law, the surety is the person who when the debt matures, “intervenes” (Heb. ’arab), in favor of the insolvent debtor, and assumes responsibility for the payment of the debt, either by obtaining it from the debtor or by substituting himself for him (R. de Vaux, Ancient Israel, 172). The act of intervening was symbolized by “striking the hands,” that is, shaking hands (Job 17:3; Prov 6:1; 11:15; 17:18; 20:16; 22:26; 27:13). One should not accordingly rashly give himself as surety without careful consideration of whether he can responsibly meet the obligation.

In the one NT reference (Heb 7:22) Jesus steps in as the “guarantor” of the promises of God made in the New Covenant. With His life, death, resurrection and ascension Jesus has become God’s guarantee that the salvation which was begun for us in Jesus’ death will necessarily be followed by its completion (Preisker, TDNT). See Debt, Debtor.