Ballentine's law dictionary. Anderson, W.S.. 1998.
promise to pay the debt of another — See promise to answer for the debt, default, or miscarriage of another … Ballentine's law dictionary
guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… … Black's law dictionary
guaranty — 1. v. To undertake collaterally to answer for the payment of another s debt or the performance of another s duty, liability, or obligation; to assume the responsibility of a guarantor; to warrant. See guaranty noun, 2. n A collateral agreement… … Black's law dictionary
guaranty — An undertaking or promise, on the part of one person called the guarantor, which is collateral to a primary or principal obligation on the part of another, and which binds the guarantor to performance in the event of nonperformance by such other… … Ballentine's law dictionary
guarantee — I. noun Etymology: probably alteration of 1guaranty Date: 1680 1. guarantor 2. guaranty 1 3. an assurance for the fulfillment of a condition: as a. an agreement by which one person undertakes to secure another in the possession or enjoyment of… … New Collegiate Dictionary
