v. and n. an older spelling of guarantee, which the renowned Oxfo...

"act or fact of guaranteeing, a being answerable for the obligations of another," 1590s, garrantye, from earlier garant (see guarantee (n.)) with influence from Old French garantie "pro [..]

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When used as a verb, to agree to pay another person's debt or perform another person's duty, if that person fails to come through. As a noun, the written document in which this assurance is [..]

Definition An agreement in which the guarantor promises to satisfy the debt or obligations of another, if and when the debtor fails to do so.

pl: -ties [Old French garantie, from garantir to guarantee, from garant warrant] 1 : a pledge to pay another's debt or to perform another's duty in case of the other's default or inadeq [..]

Agreement whereby the guarantor assures satisfaction of the debt of another or performs the obligation of another if and when the debtor fails to do so.

Legal arrangement involving a promise by one person to perform the obligations of a second person to a third person, in the event the second person fails to perform.

A promise by one party to pay a debt or perform an obligation contracted by another in case of that person's default.

An agreement by one party to accept responsibility for a financial obligation of another person. The guarantor's obligation is generally triggered when the primary person or entity does not satis [..]

a pledge or formal assurance given as security that another’s debt will be fulfilled.

Business owners (especially in the case of proprietorships, partnerships, closely-held corporations, or small businesses) may be required to personally guarantee an equipment lease or equipment financ [..]

A promise by one party to pay a debt contracted by another if the original party fails to pay or perform according to a contract.

A guaranty is a contract under which one person agrees to pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so.  Usually, the party receivin [..]

(n) a collateral agreement to answer for the debt of another in case that person defaults

Agreement whereby the guarantor agrees to pay the debt or perform the obligation of another who fails to do so. Differs from la surety agreement in that there must be a failure to pay or perform before the guaranty can be in effect.

A promise by one party to pay a debt or perform an obligation contracted by another if the original party fails to pay or perform according to a contract.

A security or pledge evidenced by a promise by one party to pay a debt or perform an obligation contracted by another in the event the original obligor fails to pay or perform as contracted.

Legal arrangement involving a promise by one person to perform the obligations of a second person to a third person, in the event the second person fails to perform.

The undertaking of responsibility by one party for another pa rty's debt or obligation to perform some specific act or duty. Although the original debtor is responsible for the debt, the guarantor becomes liable in the event of a default.

A pledge to make good a note or security in case of default by the borrower. Although the original debtor is responsible for the debt, a guarantor becomes liable in the event of a default.

A written promise by one party (the guarantor) to be liable for the debt of another if the principal debtor fails to meet the obligation.

A promise made by the federal government to lenders that it will repay a portion of the loan should a borrower default. Loans backed by guaranties are generally considered lower risk.

an agreement in which a guarantee or assurance of a set of facts or the performance of an objective or obligation is given.