Definition of guaranty Guaranty

/gɛˌɹʌntiˈ/ - [geruntee] - guar•an•ty

We found 8 definitions of guaranty from 5 different sources.

What does guaranty mean?

Noun
guaranty - a collateral agreement to answer for the debt of another in case that person defaults
		guarantee

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guaranty (Noun)
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 (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.
guaranty (n.)
In law and common usage: To undertake or engage that another person shall perform (what he has stipulated); to undertake to be answerable for (the debt or default of another); to engage to answer for the performance of (some promise or duty by another) in case of a failure by the latter to perform; to undertake to secure (something) to another, as in the case of a contingency. See Guarantee, v. t.

guaranty
A guarantee by a seller to a buyer that in the event of a product requiring repair or remedy of a problem within a certain period after its purchase, the seller will repair the problem at no cost to the buyer.