Guaranty

Pronunciation

UK IPA: /ËˆÉ¡Ã¦É¹É™nti/

Origin

From Anglo-Norman guarantie, from Old French guarantie ("protection, defense"), from Old French garantir, guarantir ("to warrant, vouch for something"), from Old French garant, guarant, warant ("a warrant; warranter, supporter, defender, protector"), from Frankish *warand, *warjand ("a warrant"), from Frankish *warjan ("to fend for, designate something as true, vouch for"), from Proto-Germanic *warjanÄ… ("to defend, protect"), from Proto-Indo-European *wer- ("to close, cover, protect, save, defend"). Cognate with Middle Low German warent, warend ("a warrant"), German gewÃ¤hren ("to grant"). More at warrant. Compare guarantee, warranty.

Full definition of guaranty

Noun

guaranty

(plural guaranties)

(legal) 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.
Something serving as a security for such an undertaking.

1864, Various, The Atlantic Monthly, Volume 14, No. 85, November, 1864 Chapter , No doubt the city of New York and the State of California contain capital enough for the completion of the entire road,--would subscribe to it, too, upon sufficient guaranties.

An assurance or guarantee.

1904, Olive Tilford Dargan, Semiramis and Other Plays Chapter , America has sent us guaranties She will demand that Maximilian Be held but as a prisoner of war.
1945, RenÃ© Wellek, â€œThe Philosophical Basis of Masarykâ€™s Political Idealsâ€ in Ethics (journal) LV, â„– 4 (July 1945), page 299, right column:The concept of God and immortality is for him a guaranty of this eternal difference between right and wrong.

Related terms

guarantor

Verb

Obsolete spelling of guarantee

1742, Samuel Johnson, The Works of Samuel Johnson, Vol. 6 Chapter , His imperial majesty likewise guaranties to the king of Prussia the perpetual possession of upper Silesia; and the king guaranties to the emperour the perpetual possession of upper Austria, as soon as he shall have occupied it by conquest."