guaranty
guaranty
Definition
guar·anty (gar′ən tē)
noun pl. -·ties
- a pledge committing a person to the payment of another's debt or the fulfillment of another's obligation in the event of default
- an agreement that secures the existence or maintenance of something
- something given or held as security
- a guarantor
Etymology: 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 by *warjan, to defend, akin to OE werian: see weir
transitive verb -·tied, -·ty·ing
guaranty
Synonyms
guaranty
n.
Assurance
pledge, attestation, certification; see promise 1.A document giving assurance
warrant, warranty, bond, contract, recognizance, certificate, charter, testament, security.
guaranty Finance Definition
A
contract whereby one person or corporation becomes liable to perform a specific
act or duty for another person or corporation if that person or corporation
doesnt fulfill a responsibility. The responsibility usually is financial. For
example, a corporation may guarantee that its subsidiary will fulfill the terms
of a contract that the subsidiary signs with one of its customers.
guaranty
Law Definition
See
guarantee.
guaranty
Usage Examples
Object
- quality: We guaranty the highest quality in material manufacturing and functionality.
Converse of object
- give: These centers give a better guaranty for maintenance and expansion of knowledge and will improve the possibility to exchange experience and knowledge.
Adjective modifier
- good: These centers give a better guaranty for maintenance and expansion of knowledge and will improve the possibility to exchange experience and knowledge.
Modifies a noun
- insurance: Business grows and america new york of fidelity and guaranty life insurance co hosting the of more than.
- Co: Business grows and america new york of fidelity and guaranty life insurance co hosting the of more than.
- agency: You can find the contact details for your guaranty agency by clicking here.
Noun used with modifier
- security: We believe that the establishment of nuclear weapon free zones is the best way to get international legally binding security guaranties for non-nuclear-weapon States.
Browse dictionary entries near guaranty
- guarantor
- guaranteed replacement cost insurance
- guaranteed renewable insurance policy
- guaranteed investment contract
- guaranteed introducing broker
- guaranteed insurability
- guaranteed frame rate
- guaranteed bond
- guaranteed
- guarantee of signature
- guard
- guard band
- guard cell
- guard hair
- guardant
- guarded
- guardhouse
- guardian
- guardian ad litem
- guardrail
