guaranty
guar·anty (gar′ən tē)
noun pl. guaranties -·ties
- a pledge committing a person to the payment of another's debt or the fulfillment of another's obligation in the event of default
- an agreement that secures the existence or maintenance of something
- something given or held as security
- a guarantor
Etymology: OFr garantie < garantir, to guarantee < garant, warant, a warrant, supporter < Frank *warand, prp. of *warjan, to verify (akin to OHG werēn < wār, true < IE *weros, true > L verus), infl. also by *warjan, to defend, akin to OE werian: see weir
transitive verb guarantied -·tied, guarantying -·ty·ing
Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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