Definitions for guarantyˈgær ənˌti
This page provides all possible meanings and translations of the word guaranty
Random House Webster's College Dictionary
(n.)a warrant, pledge, or formal assurance given as security that another's obligation will be fulfilled.
something that is taken or given as security.
the act of giving security.
a person who acts as a guarantor.
Ref: guarantee .
Origin of guaranty:
1585–95; < AF guarantie. See warrant , -y3
a collateral agreement to answer for the debt of another in case that person defaults
An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a warranty; a security.
Something serving as a security for such an undertaking.
An assurance or guarantee
in law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a guarantee; a warranty; a security
in law and common usage: To undertake or engage that another person shall perform (what he has stipulated); to undertake to be answerable for (the debt or default of another); to engage to answer for the performance of (some promise or duty by another) in case of a failure by the latter to perform; to undertake to secure (something) to another, as in the case of a contingency. See Guarantee, v. t
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