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Definition of guaranty
guaranties
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 : guarantor
4 : something given as security (see security 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)
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Examples of guaranty in a Sentence
this fridge comes with a money-back guaranty of complete customer satisfaction
couples exchange engagement rings as a symbolic guaranty that they will marry
Recent Examples of guaranty from the Web
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Pension benefits that MetLife takes on will no longer be covered by the Pension Benefit Guaranty Corp.'s insurance program but will be backed by life insurance guaranty associations for the states where retirees live, Riefs said.
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.
Origin and Etymology of guaranty
Anglo-French garantie, from garantir, warentir to protect, warrant, guarantee — more at warrant
Other Economics Terms
guaranty
Definition of guaranty
guarantied
;guarantying
transitive verb
Examples of guaranty in a Sentence
a house guarantied against termite damage
a watch guarantied to be water-resistant to a depth of 100 feet
Origin and Etymology of guaranty
see 1guaranty
Other Economics Terms
GUARANTY Defined for English Language Learners
guaranty
playDefinition of guaranty for English Language Learners
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law : a formal promise to pay a debt
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: something that protects or maintains the existence of something else
Law Dictionary
guaranty
playLegal Definition of guaranty
guaranties
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 : guarantee 3
3 : guarantor
4 : something given as security : pledge
5 : the protection of a right afforded by legal provision (as in a constitution)
Origin and Etymology of guaranty
Old French garantie, from garantir to guarantee, from garant warrant
Learn More about guaranty
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Thesaurus: All synonyms and antonyms for guaranty Spanish Central: Translation of guaranty Nglish: Translation of guaranty for Spanish speakers Britannica English: Translation of guaranty for Arabic speakers Britannica.com: Encyclopedia article about guaranty
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