guaranty

  1. Noun.  (legal) 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. Noun.  Something serving as a security for such an undertaking.
  3. Noun.  An assurance or guarantee.
  4. Verb.  (obsolete spelling of, guarantee) .

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This entry was last updated on RefTopia from its source on 3/20/2012.