Associations to the word «Guaranty»

Wiktionary

GUARANTY, noun. (legal) 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.
GUARANTY, noun. Something serving as a security for such an undertaking.
GUARANTY, noun. An assurance or guarantee.
GUARANTY, verb. Obsolete spelling of guarantee

Dictionary definition

GUARANTY, noun. A collateral agreement to answer for the debt of another in case that person defaults.

Wise words

Kindness in words creates confidence. Kindness in thinking creates profoundness. Kindness in giving creates love.
Lao Tzu