guaranty


From The Collaborative International Dictionary of English v.0.48:

Guaranty \Guar"an*ty\, v. t. [imp. & p. p. Guarantied; p. pr.
   & vb. n. Guarantying.] [From 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.
   [1913 Webster]

   Note: Guaranty agrees in form with warranty. Both guaranty
         and guarantee are well authorized by legal writers in
         the United States. The prevailing spelling, at least
         for the verb, is guarantee.
         [1913 Webster]
.

From The Collaborative International Dictionary of English v.0.48:

Guaranty \Guar"an*ty\, n.; pl. Guaranies. [OF. guarantie,
   garantie, F. garantie, OF. guarantir, garantir, to warrant,
   to guaranty, E. garantir, fr. OF. guarant, garant, a
   warranter, F. garant; of German origin, and from the same
   word as warranty. See Warrant, and cf. Warranty,
   Guarantee.]
   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.
   [1913 Webster]
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