Guaranty
[Noun]
Webster's Dictionary 1828
1. An undertaking or engagement by a third person or party, that the stipulations of a treaty shall be observed by the contracting parties or by one of them; an undertaking that the engagement or promise of another shall be performed.
2. One who binds himself to see the stipulations of another performed; written also
guarantee.
Guaranty
[Verb transitive]
Webster's Dictionary 1828
1.
gar'anty. [Eng. to ward; allied to
warren, etc. See Warrant .]
2. To warrant; to make sure; to undertake or
engage that another person shall perform what he has
stipulated; to
oblige one's self to see that another's engagements are performed; to secure the performance of; as, to guaranty the execution of a treaty.
3. To undertake to secure to another, at all events, as claims, rights or possessions. Thus in the treaty of 1778, France
guarantied to the United States their liberty, sovereignty and independence, and their possessions; and the United States
guarantied to France its possessions in America.
4. The United States shall guaranty to every state in the Union a republican form of government.
6. [Note. This verb, whether written guaranty or
guarantee, forms an
awkward participle of the present tense; and we cannot
relish either
guarantying or
guaranteeing. With the
accent on the first syllable, as now pronounced, it seems expedient to drop the y in the participle, and write guaranting.]
Guaranty
[Noun]
Webster's Dictionary 1913
1. In law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a
guarantee; a
warranty; a security.
2. In law and common usage: To undertake or
engage that another person shall perform (what he has
stipulated); to undertake to be answerable for (the debt or
default of another); to
engage to answer for the performance of (some promise or duty by another) in case of a failure by the latter to perform; to undertake to secure (something) to another, as in the case of a
contingency. See
Guarantee, v. t.
