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guaranties

 

Definitions from WordNet

Noun guaranty has 1 sense
  1. guarantee, guaranty - a collateral agreement to answer for the debt of another in case that person defaults
    --1 is a kind of collateral

Definitions from the Web

Term: Guaranties

Part of Speech: Noun

Sense: A formal assurance that certain conditions will be fulfilled.

Usage: Guaranties provide a legal commitment to ensure the performance or payment of a debt or obligation.

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Sample Sentence 1: The company provided guaranties to its customers that their products would be replaced if defective within a year.

Sample Sentence 2: Before renting the apartment, the landlord requested financial guaranties from the potential tenant.

Sample Sentence 3: The loan was approved thanks to the borrower's collateral and the personal guaranties provided by his family members.


Part of Speech: Verb

Sense: To provide a formal assurance or guarantee.

Usage: People often guaranty their loans with a property or other valuable assets.

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Sample Sentence 1: The car dealership guaranties a refund if the vehicle breaks down within the first month.

Sample Sentence 2: The company's CEO personally guaranties the quality and authenticity of their luxury brand.

Sample Sentence 3: As a responsible lender, we guaranty fair and transparent loan terms to all our clients.

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