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From The Collaborative International Dictionary of English v.0.44 [gcide]:
Guaranty \Guar"an*ty\, verb (used with an object) [imp. & p. p. {Guarantied}; p. pr. & vb. n. {Guarantying}.] [From {Guaranty}, noun] 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}, verb (used with an object)
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.
From The Collaborative International Dictionary of English v.0.44 [gcide]:
Guaranty \Guar"an*ty\, noun; 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 WordNet (r) 2.0 [wn]:
guaranty
noun: a collateral agreement to answer for the debt of another in case that person defaults [syn: {guarantee}] [also: {guarantied}]
From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:
43 Moby Thesaurus words for "guaranty": assurance, assure, attest, back, bail, bailsman, bargain, be sponsor for, bond, bondsman, certify, confirm, contract, countersecure, endorse, ensure, godfather, godparent, guarantee, guarantor, indemnity, insurance, insure, insurer, mainpernor, mortgagor, secure, security, sign, sign for, sponsor, stand behind, stand up for, stocks and bonds, subscribe to, surety, tie, undersign, underwrite, underwriter, warrant, warrantor, warranty
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Definitions retrieved from local copies of the freely distributed DICT client/server software and databases. Click here for database copyright information. - KM |