guar·an·ty
(găŕən-tē)
[Anglo-Norman guarantie, from Old French, from garant, guarant, warrant, of Germanic origin.]
noun: pl., -ties.
- An agreement by which one person assumes the responsibility of assuring payment or fulfillment of another's debts or obligations.
- Something given as security for the execution, completion, or existence of something else.
- The act of providing such security.
- A guarantee, as for a product or service: a new refrigerator still under guaranty.
- A guarantee to perform something in a specified way.
- A guarantee serving to assure a particular outcome or condition.
- A guarantor.
transitive verb: -tied, -ty·ing, -ties.
- To guarantee.