Guaranty

Part of Speech

Noun

Pronunciation

IPA: /ˈɡærənˌtiː/

Phonetic: GAIR-uhn-tee

Definitions

• A formal pledge or assurance that conditions will be met, especially in legal or financial agreements.
• A security or collateral provided as a safeguard against non-performance of an obligation.

Usage Examples

• "The bank required a guaranty before approving the loan."
• "His guaranty ensured the delivery of the goods on time."

Etymology

Derived from Old French ‘garantie’ (meaning a pledge or assurance), related to the verb ‘garantir’ (to guarantee), and ultimately from Germanic origins.

Synonyms

• Guarantee
• Assurance
• Security
• Warranty

Antonyms

• Uncertainty
• Risk
• Disavowal

Translations

Regional Pronunciation Variations

In British English: /ˈɡærənˌtiː/

In American English: /ˈɡærənˌtiː/

Historical Usage

The term ‘guaranty’ was historically used interchangeably with ‘guarantee,’ but has been primarily retained in legal and financial contexts.

Cultural Nuances

In legal frameworks, a ‘guaranty’ often specifically refers to a contractual obligation, distinguishing it from informal guarantees.

More Information

While 'guarantee' is now the dominant spelling in most contexts, 'guaranty' remains prevalent in legal and financial terminology, particularly in the United States.