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Webster 1913 Edition

Guaranty

Guar′an-ty

,
Noun.
;
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.

Guar′an-ty

,
Verb.
T.
[
imp. & p. p.
Guarantied
;
p. pr. & vb. n.
Guarantying
.]
[From
Guaranty
,
Noun.
]
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
,
Verb.
T.
☞ 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.

Webster 1828 Edition

Guaranty

GUAR'ANTY

,
Verb.
T.
gar'anty. [Eng. to ward; allied to warren, &c. See Warrant.]
1.
To warrant; to make sure; to undertake or engage that another person shall perform what he has stipulated; to oblige one's self to see that another's engagements are performed; to secure the performance of; as, to guaranty the execution of a treaty.
2.
To undertake to secure to another, at all events, as claims, rights or possessions. Thus in the treaty of 1778, France guarantied to the United States their liberty, sovereignty and independence,and their possessions; and the United States guarantied to France its possessions in America.
The United States shall guaranty to every state in the Union a republican form of government.
3.
To indemnify; to save harmless.
[Note. This verb, whether written guaranty or guarantee, forms an awkward participle of the present tense; and we cannot relish either guarantying or guaranteeing. With the accent on the first syllable, as now pronounced, it seems expedient to drop the y in the participle, and write guaranting.]

GUAR'ANTY

, n.
1.
An undertaking or engagement by a third person or party, that the stipulations of a treaty shall be observed by the contracting parties or by one of them; an undertaking that the engagement or promise of another shall be performed.
2.
One who binds himself to see the stipulations of another performed; written also guarantee.

Definition 2024

guaranty

guaranty

English

Noun

guaranty ‎(plural guaranties)

  1. (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.
  2. Something serving as a security for such an undertaking.
    • 1864, Various, The Atlantic Monthly, Volume 14, No. 85, November, 1864:
      No doubt the city of New York and the State of California contain capital enough for the completion of the entire road,--would subscribe to it, too, upon sufficient guaranties.
  3. An assurance or guarantee.
    • 1904, Olive Tilford Dargan, Semiramis and Other Plays:
      America has sent us guaranties She will demand that Maximilian Be held but as a prisoner of war.
    • 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, The Century Co., New York, 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)

  1. Obsolete spelling of guarantee
    • 1742, Samuel Johnson, The Works of Samuel Johnson, Vol. 6:
      His imperial majesty likewise guaranties to the king of Prussia the perpetual possession of upper Silesia; and the king guaranties to the emperour the perpetual possession of upper Austria, as soon as he shall have occupied it by conquest."

Etymology

From Anglo-Norman 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. Compare guarantee, warranty.

Pronunciation

  • (UK) IPA(key): /ˈɡæɹənti/

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