guaranty
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About Our Definitions: All forms of a word (noun, verb, etc.) are now displayed on one page.1guar·an·ty
noun \ˈger-ən-tē, ˈgär-, ˈga-rən-\ plural guar·an·ties
Definition of GUARANTY
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
: guarantee 3
3
4
: something given as security : pledge
5
: the protection of a right afforded by legal provision (as in a constitution)
See Examples of GUARANTY
- <this fridge comes with a money-back guaranty of complete customer satisfaction>
- <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
Other Economics Terms
2guaranty
transitive verbguarantiedguaranty·ing
Definition of GUARANTY
Examples of GUARANTY
- <a house guarantied against termite damage>
- <a watch guarantied to be water-resistant to a depth of 100 feet>
First Known Use of GUARANTY
1737
Other Economics Terms
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