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1. (n.) guaranty
a warrant, pledge, or formal assurance given as security that another's obligation will be fulfilled.
2. guaranty
something that is taken or given as security.
3. guaranty
the act of giving security.
4. guaranty
a person who acts as a guarantor.
Etymology: (1585–95; < AF guarantie. See warrant , -y3)
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| Definition of 'guaranty' |
Princeton's WordNet |
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1. (noun) guarantee, guaranty
a collateral agreement to answer for the debt of another in case that person defaults
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| Definition of 'guaranty' |
Webster Dictionary |
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1. (noun) guaranty
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
2. (noun) guaranty
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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Definitions of guaranty 
