guaranty

noun
guar·​an·​ty | \ ˈger-ən-tē How to pronounce guaranty (audio) , ˈgär-, ˈga-rən- How to pronounce guaranty (audio) \
plural guaranties

Definition of guaranty

 (Entry 1 of 2)

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
4 : something given as security (see security sense 2) : pledge used our house as a guaranty for the loan
5 : the protection of a right afforded by legal provision (as in a constitution)

guaranty

verb
guarantied; guarantying

Definition of guaranty (Entry 2 of 2)

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Examples of guaranty in a Sentence

Noun this fridge comes with a money-back guaranty of complete customer satisfaction couples exchange engagement rings as a symbolic guaranty that they will marry Verb a house guarantied against termite damage a watch guarantied to be water-resistant to a depth of 100 feet
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Recent Examples on the Web: Noun In addition, the development agreement also required that Trandel provide a third-party financial guaranty of completion on or before Nov. 18, 2018, according to the village. Karen Ann Cullotta, chicagotribune.com, "Winnetka developer hopes to transform blighted swath of village’s downtown into Nantucket-style retail, residential enclave," 2 Sep. 2020 In the case of the Paycheck Protection Program, that guaranty is 100%. Christopher Harress | Charress@al.com, al, "No loans? Alabama businesses blame SBA and banks; new $484 billion relief law signed," 24 Apr. 2020 That suit related to a promissory note and guaranties. Laura Garcia, ExpressNews.com, "San Antonio surgical hospital finalizes sale," 19 Dec. 2019 Additionally, Oak Creek holds a right to repurchase and a personal guaranty that at least the first phase project is built and the city can pay for its financing of the up-front grant. Erik S. Hanley, Milwaukee Journal Sentinel, "Two Hilton hotels and an event space to be constructed next to Oak Creek IKEA," 3 Dec. 2019 Yet without federal intervention, the guaranty corporation's multiemployer bailout program is itself projected to run out of money by 2025. Jc Reindl, Detroit Free Press, "Metro Detroit union sunk $100M+ into risky deals — now retirees could pay the price," 12 Nov. 2019 There is also no guaranty that putting the brakes on development will. Jamie Giellis, The Denver Post, "Jamie Giellis: As Denver asks residents near East Colfax to accept more density, residents should ask more of the city," 15 Sep. 2019 Program arbitrators ruled in favor of homeowners in 35 out of 40 cases in 2018, awarding them more than $628,000 — about $275,000 of which came out of the guaranty fund. Jon Gorey, BostonGlobe.com, "Hair-raising contractor horror stories — and how to avoid them," 5 Sep. 2019 The report also discovered that veterans are required to file a claim to request a fee refund, yet the VA’s loan guaranty service has never published a standard form for doing so. Justin Rohrlich, Quartz, "The VA charged disabled veterans $286 million in fees they didn’t owe," 7 June 2019 Recent Examples on the Web: Verb The reason the Justice Department and the FBI have procedures is to guaranty fairness, and not just fairness but also the appearance of fairness, so that people can have confidence in institution. Fox News, "How can the US assess North Korea's nuclear arsenal?," 17 June 2018 Rodriguez said ViaGen cautions prospective clients that while the company can guaranty a clone that’s genetically identical to the parent, personalities are a complicated mix of nature and nurture. Mary Carole Mccauley, baltimoresun.com, "These puppies may be Maryland's first cloned dogs," 2 May 2018 Your son should find a bank willing to certify or guaranty his signature. Liz Weston, OregonLive.com, "Liz Weston: Refusing to pay is not the way to protest your taxes," 7 Jan. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'guaranty.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of guaranty

Noun

1592, in the meaning defined at sense 1

Verb

1737, in the meaning defined above

History and Etymology for guaranty

Noun and Verb

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

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Time Traveler for guaranty

Time Traveler

The first known use of guaranty was in 1592

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Statistics for guaranty

Last Updated

7 Sep 2020

Cite this Entry

“Guaranty.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/guaranty. Accessed 31 Oct. 2020.

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More Definitions for guaranty

guaranty

noun
How to pronounce guaranty (audio) How to pronounce guaranty (audio)

English Language Learners Definition of guaranty

law : a formal promise to pay a debt
: something that protects or maintains the existence of something else

guaranty

noun
guar·​an·​ty | \ ˈgar-ən-tē, ˈgär- How to pronounce guaranty (audio) \
plural guaranties

Legal Definition of guaranty

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
4 : something given as security : pledge
5 : the protection of a right afforded by legal provision (as in a constitution)

History and Etymology for guaranty

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

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