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guaranty vs guarantee

guaranty

Definitions

noun

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

Examples

Yes, there are a number of uncertainties — Will contingent obligations (like guaranty claims, or liabilities on asserted but as yet unliquidated lawsuit claims) become due?

Medieval and modern writers wrongly take it for granted that the charism existed permanently at Corinth — as it did nowhere else — and that St. Paul, in commending the gift to the Corinthians, therewith gave his guaranty that the characteristics of Corinthian glossolaly were those of the gift itself.

The Pension Benefit Guaranty Corp. asked a bankruptcy judge to force AMR Corp. to disclose details of its underfunded pension plans, escalating a spat betweenthe government agency and the parent of American Airlines just as rivals assess possible bids for the money-losing company.

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guarantee

Definitions

verb

  1. give surety or assume responsibility
  2. make certain of
  3. stand behind and guarantee the quality, accuracy, or condition of
  4. promise to do or accomplish

noun

  1. an unconditional commitment that something will happen or that something is true
  2. a collateral agreement to answer for the debt of another in case that person defaults
  3. a written assurance that some product or service will be provided or will meet certain specifications

Examples

So no matter how boneheaded an incompetent manager I am, my department is 100% guaranteed to be profitable as long as I'm good at keeping my receipts?

An imprimatur is not guarantee of theological soundness, in reality.

We can guarantee the punctual arrival of the armoured cars in foggy weather.

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