GUARANTY


Meaning of GUARANTY in English

n. (pl. -ies)

1. a written or other undertaking to answer for the payment of a debt or for the performance of an obligation by another person liable in the first instance.

2 a thing serving as security for a guaranty.

Etymology: AF guarantie, var. of warantie WARRANTY

Oxford English vocab.      Оксфордский английский словарь.