In the context of a surety agreement,the party who agrees to answer for the debt,default,or obligation of another party is called the

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The surety is the party who agrees to answer for the debt, default, or obligation of another party in a surety agreement. The principal is the party whose debt, default, or obligation is being guaranteed, and the obligee is the party to whom the debt, default, or obligation is owed. Fidelity generally refers to faithfulness or loyalty, and is not related to surety agreements.

In the Context of a Surety Agreement,the Party Who Agrees