About The Word Guaranty
Learn about the word Guaranty to help solve your crossword puzzle. Discover Guaranty definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Guaranty
| Guaranty Definition And Meaning |
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What's The Definition Of Guaranty?
[n] a collateral agreement to answer for the debt of another in case that person defaults
Synonyms | Synonyms for Guaranty: guarantee Related Terms | Find terms related to Guaranty: assurance | assure | attest | back | bail | bailsman | bargain | be sponsor for | bond | bondsman | certify | confirm | contract | countersecure | endorse | ensure | godfather | godparent | guarantee | guarantor | indemnity | insurance | insure | insurer | mainpernor | mortgagor | secure | security | sign | sign for | sponsor | stand behind | stand up for | stocks and bonds | subscribe to | surety | tie | undersign | underwrite | underwriter | warrant | warrantor | warranty See Also | collateral Guaranty In Webster's Dictionary \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 {Warrant}, and cf. {Warranty},
{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.
\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. 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. |
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