What is GUARANTEE?

He to whom a guaranty is made. This word is also used, as a noun, to denote the contract of guaranty or the obligation of a guarantor, and, as a verb, to denote the action of assuming the responsibilities of a guarantor. But on the general principle of legal orthography.

More On This Topic



Link to This Definition
Did you find this definition of GUARANTEE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary