Guaranty
noun
A legal promise that something is done or that a certain obligation will be fulfilled.
The bank provided a guaranty for the loan.
Usage tips
Formal
loan guaranty,performance guaranty,surety guaranty
verb
A guarantee or promise that something will happen.
I can guaranty that the work will be completed on time.
Usage tips
Neutral
guaranty a return,guaranty satisfaction,guaranty performance
noun
A legal promise that something is done or that a certain obligation will be fulfilled.
The bank provided a guaranty for the loan.
Usage tips
Formal
loan guaranty,performance guaranty,surety guaranty
verb
A guarantee or promise that something will happen.
I can guaranty that the work will be completed on time.
Usage tips
Neutral
guaranty a return,guaranty satisfaction,guaranty performance
Definition 1 of 2
Pro Tip 1/3Understanding Legal Context
Be aware that 'guaranty' is often used in legal situations where written promises are essential.
A guaranty for a loan is a legal document.
Pro Tip 2/3Formal vs. Informal Usage
Use 'guaranty' in formal documents, while 'guarantee' may be appropriate in casual conversation.
In contracts, only 'guaranty' applies.
Pro Tip 3/3Implications of Non-fulfillment
A failure to meet the terms of a guaranty can have serious legal consequences.
Defaulting on a guaranty may lead to lawsuits.
Pro Tip 1/3Understanding Legal Context
Be aware that 'guaranty' is often used in legal situations where written promises are essential.
A guaranty for a loan is a legal document.
Pro Tip 2/3Formal vs. Informal Usage
Use 'guaranty' in formal documents, while 'guarantee' may be appropriate in casual conversation.
In contracts, only 'guaranty' applies.
Pro Tip 3/3Implications of Non-fulfillment
A failure to meet the terms of a guaranty can have serious legal consequences.
Defaulting on a guaranty may lead to lawsuits.
Pro Tip 1/3Understanding Legal Context
Be aware that 'guaranty' is often used in legal situations where written promises are essential.
A guaranty for a loan is a legal document.
Pro Tip 2/3Formal vs. Informal Usage
Use 'guaranty' in formal documents, while 'guarantee' may be appropriate in casual conversation.
In contracts, only 'guaranty' applies.
Pro Tip 3/3Implications of Non-fulfillment
A failure to meet the terms of a guaranty can have serious legal consequences.
Defaulting on a guaranty may lead to lawsuits.
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