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1 : guarantor. 2 : guaranty 1. 3 : an assurance for the fulfillment of a condition: as a : an agreement by which one person undertakes to secure another in the . Oct 5, 2006 . The distinction in BrE once was that the former [guarantee] is the verb, the latter [ guaranty] the noun. Yet guarantee is now commonly used as a promise or assurance, especially one in writing, that something is of specified quality, content, benefit, etc., or that it will perform satisfactorily for a given length . Feb 8, 2011 . When would I use guarantee instead of guaranty? The dictionary definitions seem pretty much the same. Excepting maybe the noun form of the . Definition of guarantee in English: noun. 1A formal assurance (typically in writing) that certain conditions will be fulfilled, especially that a product will be repaired . A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. A guarantee can be . Jun 12, 2013 . ANSWER: Guarantee, the broader and more common term, is both a verb and a noun. The narrower term, guaranty, today appears mostly in . Define guaranties. guaranties synonyms, guaranties pronunciation, guaranties. A guarantee, as for a product or service: a new refrigerator still under guaranty.Define guaranty: law : a formal promise to pay a debt—usage, synonyms, more.. Anglo-French garantie, from garantir, warentir to protect, warrant, guarantee . What is the Pension Benefit Guaranty Corporation: The Pension Benefit Guaranty Corporation (PBGC) provides a pension if your company can no longer do so. If too many companies apply for protection from PBGC, it too will not be able to pay the pensions. This will leave. More »
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