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guaranty
 

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

Guaranty

Noun

  1. A formal assurance, pledge, or promise to take responsibility for fulfilling an obligation, usually backed by a written agreement.
    • Example Sentence: The landlord required a guaranty from the tenant's parent.
  2. Something that provides security or protection.
    • Example Sentence: The fence acted as a guaranty against intruders.

Verb

  1. To promise, undertake or provide a guaranty.
    • Example Sentence: The company will guaranty the quality of their products for a year.

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