guaranty: Meaning and Definition of

guar•an•ty

Pronunciation: (gar'un-tē"), [key]
— n., pl. v., -ties, -tied, -ty•ing.
—n.
  1. a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled.
  2. something that is taken or presented as security.
  3. the act of giving security.
  4. a person who acts as a guarantor.
—v.t.
  1. guarantee.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
guarantor Guarapuava
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