guaranty
noun
plural guaranties
Definition of guaranty
(Entry 1 of 2)
1
: 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
3
: guarantor
4
: something given as security (see security sense 2) : pledge
used our house as a guaranty for the loan
5
: the protection of a right afforded by legal provision (as in a constitution)
guaranty
verb
guarantied;
guarantying
Definition of guaranty (Entry 2 of 2)
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