An agreement in which the guarantor promises to satisfy the debt or obligations of another, if and when the debtor fails to do so.
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- guaranty - definition of guaranty by the Free Online Dictionary ...
An agreement by which one person assumes the responsibility of assuring payment or fulfillment of another's debts or obligations. 2. a. Something given as ...
- Guaranty | Define Guaranty at Dictionary.com
/ˈgær ənˌti/ Show Spelled [gar-uh n-tee] Show IPA noun, plural guar·an·ties, verb, guar·an·tied, guar·an·ty·ing. noun. 1. a warrant, pledge, or formal assurance ...
- Guaranty - Merriam-Webster Online
an undertaking to answer for the payment of a debt or the performance of a duty of another in case of the other's default or miscarriage. 2. : guarantee 3. 3 ...
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