American Heritage® Dictionary of the English Language, Fourth Edition
- n. An agreement by which one person assumes the responsibility of assuring payment or fulfillment of another's debts or obligations.
- n. Something given as security for the execution, completion, or existence of something else.
- n. The act of providing such security.
- n. A guarantee, as for a product or service: a new refrigerator still under guaranty.
- n. A guarantee to perform something in a specified way.
- n. A guarantee serving to assure a particular outcome or condition.
- n. A guarantor.
- v. To guarantee.
Century Dictionary and Cyclopedia
- n. The act of warranting or securing; a warrant or surety.
- n. Specifically, in law, a separate, independent contract by which the guarantor undertakes, in writing, for a valuable consideration, to be answerable for the payment of some particular debt, or future debts, or the performance of some duty, in case of the failure of another person primarily liable to pay or perform. Colebrooke, On Collateral Securities. One may orally assume the debt of another, making himself a debtor immediately; but if the engagement is a mere guaranty of the obligation of another it must be in writing.
[Guarantee is often used for guaranty, but in legal matters it is more correct to use guaranty for the name of the promise or contract of guaranty, guarantor for the maker of the guaranty, and guarantee for the person for whom the guaranty is made, and also for the act of performing the guaranty.]
- n. That which guarantees anything; a ground or basis of security: as, constitutional guaranties; his character is guaranty for his assertions; what guaranty have I that you will keep your word?
- Same as guarantee.
- n. law 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 warranty; a security.
- n. Something serving as a security for such an undertaking.
- n. An assurance or guarantee.
- v. Obsolete spelling of guarantee.
GNU Webster's 1913
- n. 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.
- v. 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.
- n. a collateral agreement to answer for the debt of another in case that person defaults
- From Anglo-Norman guarantie, from Old French guarantie ("protection, defense"), from Old French garantir, guarantir ("to warrant, vouch for something"), from Old French garant, guarant, warant ("a warrant; warranter, supporter, defender, protector"), from Frankish *warand, *warjand (“a warrant”), from Frankish *warjan (“to fend for, designate something as true, vouch for”), from Proto-Germanic *warjanan (“to defend, protect”), from Proto-Indo-European *wer- (“to close, cover, protect, save, defend”). Cognate with Middle Low German warent, warend ("a warrant"), German gewähren ("to grant"). More at warrant. Compare guarantee, warranty. (Wiktionary)
- Anglo-Norman guarantie, from Old French, from garant, guarant, warrant, of Germanic origin; see wer-4 in Indo-European roots. (American Heritage® Dictionary of the English Language, Fourth Edition)
“Examination of titles, etc. only to the payment of losses and expenses incurred by reason of the title guaranty or title insurance contracts of the corporation.”
“The only thing YOU can guaranty is that, no matter what happens, YOU will support any big bag of BS this administration shovels your way.”
“Insurers pay into a so-called guaranty fund that covers claims if a company becomes insolvent.”
“France seeks to have not merely a "guaranty," but also a "productive guaranty," i.e.,”
“Mrs. Copley could not eat much, nor Dolly; and yet the form of coming to breakfast and the nicety of the preparation were a comfort; they always are; they seem to say that all things are not confusion, and give a kind of guaranty for the continuance of old ways.”
“Second, preferred shares are often used in mergers and acquisitions because they can be structured as a "guaranty" to the seller.”
“If my age seems to you a sufficient guaranty, that is different.”
“Insurance companies still go insolvent, and there are often state guaranty funds that will pay off some claims after an insurance company goes under.”
“I would guaranty that with a cover like that, F&S would sell a lot more copies in the winter.”
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