- a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled.
- something that is taken or presented as security.
- the act of giving security.
- a person who acts as a guarantor.
Origin of guaranty
Examples from the Web for guaranty
Doubt is the prelude of failure; confidence a guaranty of success.The Prison Chaplaincy, And Its Experiences
He'll find some way to spend the ten pounds, if he gets them, I'll guaranty.Rollo on the Atlantic
But what guaranty was there that States would observe these prohibitions?Union and Democracy
What they traded in needed no other guaranty than the name of Rondell.
What guaranty is there that this arrangement will improve matters?Introduction to the Science of Sociology
Robert E. Park
- a pledge of responsibility for fulfilling another person's obligations in case of that person's default
- a thing given or taken as security for a guaranty
- the act of providing security
- a person who acts as a guarantor
- a variant of guarantee
Word Origin and History for guaranty
"act or fact of guaranteeing," 1520s, garrantye, from earlier garant (see guarantee) with influence from Old French garantie "protection, defense," originally past participle of garantir "to protect," from the same source. The sense of "pledge given as security" that developed 17c. in guarantee might reasonably have left the sense "act of guaranteeing" to this form of the word, but the forms remain confused.