guaranty
guaranty Lexical Profile
guaranty Game Scores & Validity
• noun
A formal legal or financial pledge, undertaking, or promise by which one person or entity agrees to answer for the debt, default, or obligation of another.
"The bank required the business owner to sign a personal guaranty before approving the commercial loan."
Something given or existing as security, collateral, or a basis of confidence for the fulfillment of an obligation or condition.
"A strong independent judiciary serves as a vital guaranty of constitutional rights."
A person or entity that makes a formal pledge or acts as a guarantor.
"The parent corporation acted as the guaranty for its subsidiary's international lease agreements."
• verb
To provide a formal assurance, pledge, or legal undertaking that a debt or obligation will be fulfilled (a variant spelling of 'guarantee' used chiefly in legal and financial contexts).
"The holding company agreed to guaranty the payment of the bonds issued by its regional affiliate."
Word Nuance & Usage
In modern usage, 'guaranty' is primarily restricted to formal legal and financial contexts as a noun referring to a collateral undertaking to answer for another's debt, whereas 'guarantee' is the standard spelling for both the verb and the general noun in everyday English.
Word Origin & Etymology
Borrowed into Middle English from Anglo-Norman and Old French 'garantie', derived from 'garant' (warrant, protector), which itself is of Frankish and Proto-Germanic origin (related to 'warrant').
Usage Trend
Historical frequency of usage in published text.