Guaranty
Guaranty Guar"an*ty, v. t. [imp. & p. p. {Guarantied}; p. pr. & vb. n. {Guarantying}.] [From {Guaranty}, n.] 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. [1913 Webster]

Note: Guaranty agrees in form with warranty. Both guaranty and guarantee are well authorized by legal writers in the United States. The prevailing spelling, at least for the verb, is guarantee. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Synonyms:

Look at other dictionaries:

  • guaranty — guar·an·ty / gar ən tē, gär / n pl ties [Old French garantie, from garantir to guarantee, from garant warrant] 1: a pledge to pay another s debt or to perform another s duty in case of the other s default or inadequate performance compare letter… …   Law dictionary

  • Guaranty — Guar an*ty, n.; pl. {Guaranies}. [OF. guarantie, garantie, F. garantie, OF. guarantir, garantir, to warrant, to guaranty, E. garantir, fr. OF. guarant, garant, a warranter, F. garant; of German origin, and from the same word as warranty. See… …   The Collaborative International Dictionary of English

  • guaranty — (n.) act or fact of guaranteeing, 1520s, garrantye, from earlier garant (see GUARANTEE (Cf. guarantee)) with influence from O.Fr. garantie protection, defense, originally pp. of garantir to protect, from the same source. The sense of pledge given …   Etymology dictionary

  • guaranty — *guarantee, surety, security, bond, bail Analogous words: *pledge, earnest, token: *contract, bargain …   New Dictionary of Synonyms

  • guaranty — (also guarantee) ► NOUN (pl. guaranties) 1) an undertaking to answer for the payment of a debt or for the performance of an obligation by another person liable in the first instance. 2) a thing serving as security for such an undertaking …   English terms dictionary

  • guaranty — [gar′ən tē] n. pl. guaranties [OFr garantie < garantir, to guarantee < garant, warant, a warrant, supporter < Frank * warand, prp. of * warjan, to verify (akin to OHG werēn < wār, true < IE * weros, true > L verus), infl. also… …   English World dictionary

  • guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… …   Black's law dictionary

  • guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… …   Black's law dictionary

  • guaranty — An undertaking or promise, on the part of one person called the guarantor, which is collateral to a primary or principal obligation on the part of another, and which binds the guarantor to performance in the event of nonperformance by such other… …   Ballentine's law dictionary

  • guaranty — An agreement by a person, partnership, or corporation (other than the borrower) to repay a bank loan if the borrower does not pay. American Banker Glossary * * * guaranty guar‧an‧ty [ˈgærənti] noun guaranties PLURALFORM [countable] FINANCE LAW a… …   Financial and business terms

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