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guaranty

[gar-uh n-tee] /ˈgær ənˌti/
noun, plural guaranties.
1.
a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled.
2.
something that is taken or presented as security.
3.
the act of giving security.
4.
a person who acts as a guarantor.
verb (used with object), guarantied, guarantying.
5.
Origin
1585-1595
1585-95; < Anglo-French guarantie. See warrant, -y3
Related forms
nonguaranty, noun, plural nonguaranties.
reguaranty, noun, plural reguaranties.
Can be confused
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for non guaranty

guaranty

/ˈɡærəntɪ/
noun (pl) -ties
1.
a pledge of responsibility for fulfilling another person's obligations in case of that person's default
2.
a thing given or taken as security for a guaranty
3.
the act of providing security
4.
a person who acts as a guarantor
verb -ties, -tying, -tied
5.
a variant of guarantee
Word Origin
C16: from Old French garantie, variant of warantie, of Germanic origin; see warranty
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin and History for non guaranty

guaranty

n.

"act or fact of guaranteeing," 1520s, garrantye, from earlier garant (see guarantee) with influence from Old French garantie "protection, defense," originally past participle of garantir "to protect," from the same source. The sense of "pledge given as security" that developed 17c. in guarantee might reasonably have left the sense "act of guaranteeing" to this form of the word, but the forms remain confused.

Online Etymology Dictionary, © 2010 Douglas Harper
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Encyclopedia Article for non guaranty

guaranty

in law, assumption of liability for the obligations of another. In modern usage the term guaranty has largely superseded suretyship.

Learn more about guaranty with a free trial on Britannica.com
Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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