guaranty Hear it!

guaranty Definition

guar·anty (gar′ən tē)

noun pl. -·ties

  1. a pledge committing a person to the payment of another's debt or the fulfillment of another's obligation in the event of default
  2. an agreement that secures the existence or maintenance of something
  3. something given or held as security
  4. 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 -·tied, -·ty·ing

guarantee

guaranty Synonyms

guaranty

n.

  1. Assurance

    pledge, attestation, certification; see promise 1.

  2. A document giving assurance

    warrant, warranty, bond, contract, recognizance, certificate, charter, testament, security.

guaranty Finance Definition

A contract whereby one person or corporation becomes liable to perform a specific act or duty for another person or corporation if that person or corporation doesn’t fulfill a responsibility. The responsibility usually is financial. For example, a corporation may guarantee that its subsidiary will fulfill the terms of a contract that the subsidiary signs with one of its customers.

guaranty Law Definition

See guarantee.

guaranty Usage Examples

Object

quality: We guaranty the highest quality in material manufacturing and functionality.

Converse of object

give: These centers give a better guaranty for maintenance and expansion of knowledge and will improve the possibility to exchange experience and knowledge.

Adjective modifier

good: These centers give a better guaranty for maintenance and expansion of knowledge and will improve the possibility to exchange experience and knowledge.

Modifies a noun

  • insurance: Business grows and america new york of fidelity and guaranty life insurance co hosting the of more than.
  • Co: Business grows and america new york of fidelity and guaranty life insurance co hosting the of more than.
  • agency: You can find the contact details for your guaranty agency by clicking here.

Noun used with modifier

security: We believe that the establishment of nuclear weapon free zones is the best way to get international legally binding security guaranties for non-nuclear-weapon States.