guaranty
Americannoun
plural
guaranties-
a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled.
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something that is taken or presented as security.
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the act of giving security.
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a person who acts as a guarantor.
verb (used with object)
noun
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a pledge of responsibility for fulfilling another person's obligations in case of that person's default
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a thing given or taken as security for a guaranty
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the act of providing security
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a person who acts as a guarantor
verb
Other Word Forms
- nonguaranty noun
- reguaranty noun
Etymology
Origin of guaranty
From the Anglo-French word guarantie, dating back to 1585–95. See warrant, -y 3
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.