Guaranty

• (n.) In law and common usage: 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 guarantee; a warranty; a security. • (n.) In law and common usage: To undertake or engage that another person shall perform (what he has s...
Found on http://thinkexist.com/dictionary/meaning/guaranty/

Guaranty

(n) Guarantee is the agreement by which a guarantor assumes the responsibility for the performance of an action or obligation of another person or entity, by agreeing to compensate the beneficiary in the event of such non performance.
Found on http://www.encyclo.co.uk/local/21213

Guaranty

- Legal arrangement involving a promise by one person to perform the obligations of a second person to a third person, in the event the second person fails to perform.
Found on https://www.encyclo.co.uk/local/21071

guaranty

noun a collateral agreement to answer for the debt of another in case that person defaults
Found on https://www.encyclo.co.uk/local/20974

Guaranty

Guar'an·ty noun ; plural Guaranies . [ Old French guarantie , garantie , French garantie , Old French guarantir , garantir , to warrant, to guaranty , English garantir , from Old French guarant , garant , a warranter, F...
Found on http://www.encyclo.co.uk/webster/G/64

Guaranty

Guar'an·ty transitive verb [ imperfect & past participle Guarantied ; present participle & verbal noun Guarantying .] [ From Guaranty , noun ] In law and common usage: To undertake or engage that another pe...
Found on http://www.encyclo.co.uk/webster/G/64

Guaranty

When used as a verb, to agree to pay another person's debt or perform another person's duty, if that person fails to come through. As a noun, the written document in which this assurance is made. For example, if you cosign a loan, you have made a guaranty and will be legally responsible for the debt if the borrower fails to repay the money as promi...
Found on http://www.nolo.com/dictionary/guaranty-term.html
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