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The Collaborative International Dictionary
Guaranty

Guaranty \Guar"an*ty\, v. t. [imp. & p. p. Guarantied; p. pr. & vb. n. Guarantying.] [From Guaranty, n.] In law and common usage: To undertake or engage that another person shall perform (what he has stipulated); to undertake to be answerable for (the debt or default of another); to engage to answer for the performance of (some promise or duty by another) in case of a failure by the latter to perform; to undertake to secure (something) to another, as in the case of a contingency. See Guarantee, v. t.

Note: Guaranty agrees in form with warranty. Both guaranty and guarantee are well authorized by legal writers in the United States. The prevailing spelling, at least for the verb, is guarantee.

Guaranty

Guaranty \Guar"an*ty\, n.; pl. Guaranies. [OF. guarantie, garantie, F. garantie, OF. guarantir, garantir, to warrant, to guaranty, E. garantir, fr. OF. guarant, garant, a warranter, F. garant; of German origin, and from the same word as warranty. See Warrant, and cf. Warranty, Guarantee.] In law and common usage: 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 guarantee; a warranty; a security.

Douglas Harper's Etymology Dictionary
guaranty

"act or fact of guaranteeing," 1520s, garrantye, from earlier garant (see guarantee) with influence from Old French garantie "protection, defense," originally past participle of garantir "to protect," from the same source. The sense of "pledge given as security" that developed 17c. in guarantee might reasonably have left the sense "act of guaranteeing" to this form of the word, but the forms remain confused.

Wiktionary
guaranty

n. 1 (context legal English) 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. 2 Something serving as a security for such an undertaking. vb. (obsolete spelling of guarantee English)

WordNet
guaranty
  1. n. a collateral agreement to answer for the debt of another in case that person defaults [syn: guarantee]

  2. [also: guarantied]

Usage examples of "guaranty".

Chief Justice Stone and Justice Roberts dissented, chiefly on the question of the interpretation of the Litvinov Agreement, citing Guaranty Trust Co.

State courts to punish contempts, in the face of the due process clause of the Fourteenth Amendment, is significant for the dictum of the majority that the contempt power of all courts, federal as well as State, is limited by the guaranty of the First Amendment against interference with freedom of speech or of the press.

The Court went on to hold that such matters as the guaranty to a State of a republican form of government and of protection against invasion and domestic violence are political questions committed to Congress and the President whose decisions are binding upon the courts.

It was not by accident or coincidence that the rights to freedom in speech and press were coupled in a single guaranty with the rights of the people peaceably to assemble and to petition for redress of grievances.

He reflected that Winthrop would have been hated even more than he was, but the Hudson Guaranty Trust, though a huge bank, was overshadowed by Chase Manhattan, Citibank and Morgan.

The former president of the Hudson Guaranty bank had to sit and listen to Liv describing his bedroom habits to the world at large, until Kravitz objected.

Nevertheless, the fact remains that on this list, Hudson Guaranty Bank is listed seventh on that list often?

Its problems were no worse than those of the other banks, and in fact Hudson Guaranty is a fairly conservatively managed bank for these times.

But its resources are not in the same league with Chase Manhattan or Citibank or Morgan Guaranty and that added an element of risk.

Bailey, I understand you to say that at least up to the time of the death of Marianne van Doren, the Hudson Guaranty Bank was in no worse position than many of the top banks of the United States and better than some.

Hudson Guaranty, was in any danger other than that facing all the major commercial banks of this country?

Landon, he was certain, knew the special difficulties of a bank like Hudson Guaranty, with its financial base narrower than that of the giants, but he was finding it difficult to make him come out and say so.

Beekman, you admit that the condition of Hudson Guaranty Bank today is more shaky than it was when Mr.

But Hudson Guaranty had never plunged as deep as the giants, nor as far as other banks of its size.

Hudson Trust, almost all of it, I believe, was in the Hudson Guaranty Bank.