Advertisement
Advertisement
guaranty
[ gar-uhn-tee ]
noun
- a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled.
- something that is taken or presented as security.
- the act of giving security.
- a person who acts as a guarantor.
verb (used with object)
guaranty
/ ˈɡærəntɪ /
noun
- a pledge of responsibility for fulfilling another person's obligations in case of that person's default
- a thing given or taken as security for a guaranty
- the act of providing security
- a person who acts as a guarantor
verb
- a variant of guarantee
Other Words From
- non·guaran·ty noun plural nonguaranties
- re·guaran·ty noun plural reguaranties
Word History and Origins
Word History and Origins
Origin of guaranty1
Example Sentences
A default threatened Chase Manhattan Bank, Morgan Guaranty Trust, Citibank and other giants with a major blow to their solvency.
There was evidently a reluctance to becoming pioneers in such an enterprise,—to leaving the city unless the guaranty were sure.
The honor of the British government was committed as a guaranty for the realization of these brilliant promises.
Mr. Belcher deposited a handsome sum as a guaranty of his good faith, and ordered the papers to be made out at once.
The surest guaranty of exact and satisfactory statements, accordingly, is to fall back on the primitive authentic platform.
Will not the courts read into that bill practically that contract of guaranty?
Advertisement
Advertisement
Advertisement
Advertisement
Browse