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- DictionaryGuar·an·ty/ˈɡerəntē/
noun
- 1. variant of guarantee
The meaning of GUARANTY is an undertaking to answer for the payment of a debt or the performance of a duty of another in case of the other's default or miscarriage. How to use guaranty in a sentence.
Guaranty definition: a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled.. See examples of GUARANTY used in a sentence.
GUARANTY definition: 1. a legal agreement in which a person or organization promises to pay back a loan if the person or…. Learn more.
1. : to undertake to answer for the debt, default, or miscarriage of. guarantee a loan. 2. : to engage for the existence, permanence, or nature of : undertake to do or secure. guarantee the winning of three tricks. 3. : to give security to. guaranteed her against loss.
GUARANTEE definition: 1. a promise that something will be done or will happen, especially a written promise by a company…. Learn more.
1. A promise to be answerable for the debt or obligation of another in the event of nonpayment or nonperformance. 2. a. Something given as security for the execution, completion, or existence of something else. b. The act of providing such security. 3. a. A guarantee, as for a product or service: a new refrigerator still under guaranty. b.
GUARANTY meaning: 1. a legal agreement in which a person or organization promises to pay back a loan if the person or…. Learn more.
a pledge committing a person to the payment of another's debt or the fulfillment of another's obligation in the event of default. 2. an agreement that secures the existence or maintenance of something. 3. something given or held as security.
Guaranty definition: A promise to be answerable for the debt or obligation of another in the event of nonpayment or nonperformance.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023 How to use guaranty in a sentence A default threatened Chase Manhattan Bank, Morgan guaranty Trust, Citibank and other giants with a major blow to their solvency.
