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guaranty

/ˈɡæɹənti/ noun

noun Definition from WordNet 3.1, Princeton University. Pronunciation from Wiktionary, via Kaikki.org. More about guaranty at Wordnik → Where our words come from →

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

Origin

From Old French guarantie, from Old French guarantie (“protection, defense”), from Old French garantir, guarantir (“to warrant, vouch for something”), from Old French garant, guarant, warant (“a warrant; warranter, supporter, defender, protector”), from Frankish *warand, *warjand (“a warrant”), from Frankish *warjan (“to fend for, designate something as true, vouch for”), from Proto-Germanic *warjaną (“to defend, protect”), from Proto-Indo-European *wer- (“to close, cover, protect, save, defend”). Cognate with Middle Low German warent, warend (“a warrant”), German gewähren (“to grant”). More at warrant. Doublet of guarantee and warranty.

From Wiktionary, via Kaikki.org (CC BY-SA)