noun
- plural of guaranty; formal promises or assurances that something will be done or will happen
- plural of guaranty; things given as security for the fulfillment of a contract or obligation
Usage: formal; legal
Usage: legal; financial
Examples
- The bank required multiple guaranties before approving the large loan.
- The contract included several guaranties to protect both parties.
- These guaranties ensure that the project will be completed on time.
- The company provided guaranties for all warranty claims.
- Legal guaranties were established to secure the investment.
- The guaranties covered potential losses from the transaction.