guaranty

American  

[gar-uhn-tee] / ˈgær ənˌti /

noun

plural

guaranties

1. a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled.

2. something that is taken or presented as security.

3. the act of giving security.

4. a person who acts as a guarantor.

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verb (used with object)

guarantied, guarantying

1. guarantee.

guaranty British  

/ ˈɡærəntɪ /

noun

1. a pledge of responsibility for fulfilling another person's obligations in case of that person's default

2. a thing given or taken as security for a guaranty

3. the act of providing security

4. a person who acts as a guarantor

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verb

1. a variant of guarantee

Other Word Forms

• nonguaranty noun
• reguaranty noun

Etymology

Origin of guaranty

From the Anglo-French word guarantie, dating back to 1585–95. See warrant, -y ³

Example Sentences

Even when failures have occurred, policyholders have generally been made whole up to guaranty limits.

From The Wall Street Journal

If the company went bankrupt, you’ll need to consult the guaranty association in the state where your mother lived.

From Los Angeles Times

“We aren’t talking about things that are privileges, we are talking about constitutionally guarantied freedoms,” said Rhodes.

From Seattle Times

Your state’s guaranty association protects your annuity up to certain limits if your insurer fails.

From Seattle Times

If that fails, annuity holders will receive coverage through their state’s guaranty association, up to certain limits.

From New York Times