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1

guaranty

play
noun, guar·an·ty \ˈger-ən-tē, ˈgär-, ˈga-rən-\

Simple Definition of guaranty

  • law : a formal promise to pay a debt

  • : something that protects or maintains the existence of something else

Source: Merriam-Webster's Learner's Dictionary

Full Definition of guaranty

plural guaranties

  1. 1 :  an undertaking to answer for the payment of a debt or the performance of a duty of another in case of the other's default or miscarriage

  2. 2 :  guarantee 3

  3. 3 :  guarantor

  4. 4 :  something given as security :  pledge

  5. 5 :  the protection of a right afforded by legal provision (as in a constitution)

Examples of guaranty in a sentence

  1. <this fridge comes with a money-back guaranty of complete customer satisfaction>

  2. <couples exchange engagement rings as a symbolic guaranty that they will marry>



Origin of guaranty

Anglo-French garantie, from garantir, warentir to protect, warrant, guarantee — more at warrant


First Known Use: 1592


2

guaranty

verb, guar·an·ty

Definition of guaranty

guarantiedguarantying

  1. transitive verb
  2. :  guarantee



Examples of guaranty in a sentence

  1. <a house guarantied against termite damage>

  2. <a watch guarantied to be water-resistant to a depth of 100 feet>



1737

First Known Use of guaranty

1737


Law Dictionary

guaranty

play
noun guar·an·ty \ˈgar-ən-tē, ˈgär-\

Legal Definition of guaranty

plural guaranties

  1. 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 of credit

  2. 2 :  guarantee 3

  3. 3 :  guarantor

  4. 4 :  something given as security :  pledge

  5. 5 :  the protection of a right afforded by legal provision (as in a constitution)



Origin of guaranty

Old French garantie, from garantir to guarantee, from garant warrant



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