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guaranty
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English Dictionary: guaranty by the DICT Development Group
3 results for guaranty
From WordNet (r) 3.0 (2006) [wn]:
guaranty
n
  1. a collateral agreement to answer for the debt of another in case that person defaults
    Synonym(s): guarantee, guaranty
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Guaranty \Guar"an*ty\, n.; pl. {Guaranies}. [OF. guarantie,
      garantie, F. garantie, OF. guarantir, garantir, to warrant,
      to guaranty, E. garantir, fr. OF. guarant, garant, a
      warranter, F. garant; of German origin, and from the same
      word as warranty. See {Warrant}, and cf. {Warranty},
      {Guarantee}.]
      In law and common usage: An undertaking to answer for the
      payment of some debt, or the performance of some contract or
      duty, of another, in case of the failure of such other to pay
      or perform; a guarantee; a warranty; a security.

From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Guaranty \Guar"an*ty\, v. t. [imp. & p. p. {Guarantied}; p. pr.
      & vb. n. {Guarantying}.] [From {Guaranty}, n.]
      In law and common usage: To undertake or engage that another
      person shall perform (what he has stipulated); to undertake
      to be answerable for (the debt or default of another); to
      engage to answer for the performance of (some promise or duty
      by another) in case of a failure by the latter to perform; to
      undertake to secure (something) to another, as in the case of
      a contingency. See {Guarantee}, v. t.
  
      Note: Guaranty agrees in form with warranty. Both guaranty
               and guarantee are well authorized by legal writers in
               the United States. The prevailing spelling, at least
               for the verb, is guarantee.
No guarantee of accuracy or completeness!
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