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

More wisdom is latent in things as they are than in all the words men use.
Antoine De Saint-Exupery