guaranty definition

  • noun:
    • An agreement where anyone assumes the responsibility of ensuring repayment or fulfillment of some other's debts or responsibilities.
    • One thing provided as security the execution, completion, or presence of something else.
    • The work of offering such safety.
    • A guarantee, as for a product or solution: a fresh fridge still under guaranty.
    • a warranty to execute anything in a specific method.
    • A guarantee serving to assure a particular result or condition.
    • A guarantor.
    • An undertaking to resolve when it comes to payment of some debt, or the performance of some contract or duty, of another, in case there is the failure of such various other to pay for or perform; a warranty; a security.
    • anything offering as a security for these types of an undertaking.
    • An assurance or guarantee.
    • In law and typical usage: An undertaking to answer the payment of some debt, or even the performance of some contract or duty, of some other, in case there is the failure of such various other to pay or perform; an assurance; a warranty; a security.
    • The act of warranting or securing; a warrant or surety.
    • particularly, in law, another, independent agreement where the guarantor undertakes, on paper, for a very important consideration, is answerable the repayment of some specific financial obligation, or future debts, or perhaps the overall performance of some task, in the event of the failure of some other person mainly liable to pay or perform. Colebrooke, On Collateral Securities.
    • That which ensures everything; a ground or basis of safety: as, constitutional guaranties; their personality is guaranty for their assertions; exactly what guaranty have actually I that you will maintain your word?
    • a collateral contract to answer when it comes to debt of another whenever individual defaults
  • verb-transitive:
    • to make sure.
    • In law and common usage: To undertake or engage that someone shall do (exactly what he's stipulated); to carry out to-be answerable for (the debt or standard of some other); to activate to answer when it comes to performance of (some guarantee or task by another) in the event of failing by the second to perform; to try to secure (one thing) to some other, as with the actual situation of a contingency. See guarantee, v. t.
  • verb:
    • Obsolete spelling of guarantee.
  • others:
    • Same as guarantee.

Related Sources

  • Sentence for "guaranty"
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  • Verb Forms for "guaranty"
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  • Hypernym for "guaranty"
  • Cross Reference for "guaranty"
  • Same Context for "guaranty"
  • Variant for "guaranty"
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