GUARANTY

Pronunciation (US):

(GB):

Irregular inflected form: guarantied   

 I. (noun) 

Sense 1

Meaning:

A collateral agreement to answer for the debt of another in case that person defaults

Synonyms:

guarantee; guaranty

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("guaranty" is a kind of...):

collateral (a security pledged for the repayment of a loan)

Credits