guaranty
English
Etymology
From Old French 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 *warjaną (“to defend, protect”), from Proto-Indo-European *wer- (“to close, cover, protect, save, defend”). Cognate with Middle Low German warent, warend (“a warrant”), German gewähren (“to grant”). More at warrant. Doublet of guarantee, warranty.
Pronunciation
- (UK) IPA(key): /ˈɡæɹənti/
Noun
guaranty (plural guaranties)
- (law) 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.
- An assurance or guarantee.
- 1945, René Wellek, “The Philosophical Basis of Masaryk’s Political Ideals” in Ethics LV, № 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
Translations
References
- guaranty in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
- guaranty in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.
Verb
guaranty (third-person singular simple present guaranties, present participle guarantying, simple past and past participle guarantied)
- Alternative form of guarantee
- 2014, Michael Curley, Finance Policy for Renewable Energy and a Sustainable Environment, →ISBN:
- They are classified as “loans” because they involve traditional market-rate loans, but with one important additional feature: Their payments are guarantied by a financially powerful third party.
- 2017, J.A. De La Puente, L. Boullart, Real-Time Programming 1992, →ISBN, page 185:
- Real-time systems require a predictable behaviour in terms of guarantied deadlines.