guarantee vs guaranty
Definitions
verb
- give surety or assume responsibility
- make certain of
- stand behind and guarantee the quality, accuracy, or condition of
- promise to do or accomplish
noun
- an unconditional commitment that something will happen or that something is true
- a collateral agreement to answer for the debt of another in case that person defaults
- a written assurance that some product or service will be provided or will meet certain specifications
Examples
An imprimatur is not guarantee of theological soundness, in reality.
The time when the production of best quality was a guarantee of earning best money is over.
Absolute property right can only guarantee liberty in form.
Definitions
noun
- a collateral agreement to answer for the debt of another in case that person defaults
Examples
The only thing YOU can guaranty is that, no matter what happens, YOU will support any big bag of BS this administration shovels your way.
Second, preferred shares are often used in mergers and acquisitions because they can be structured as a "guaranty" to the seller.
Thought from the relationship between civil liability and obligation and its characteristics, the guaranty liability, in the common sense, is only a special general debt.
