2. One who binds himself to see an undertaking of another performed; a guarantor. South.
Note: Guarantor is the correct form in this sense.
3. (Law)
Defn: The person to whom a guaranty is made; — the correlative of guarantor.
Syn. — Guarantee, Warranty. A guarantee is an engagement that a certain act will be done or not done in future. A warranty is an engagement as to the qualities or title of a thing at the time of the engagement.
GUARANTEE
Guar"an*tee`, v. t. [imp. & p. p. guaranteed; p, pr. & vb. n.
Guaranteeing.] Etym: [From Guarantee, n.]
Defn: In law and common usage: to undertake or engage for the payment of (a debt) or the performance of (a duty) by another person; to undertake to secure (a possession, right, claim, etc.) to another against a specified contingency, or at all avents; to give a guarantee concerning; to engage, assure, or secure as a thing that may be depended on; to warrant; as, to guarantee the execution of a treaty. The United States shall guarantee to every State in this Union a republican form of government. Constitution of the U. S.
GUARANTOR Guar"an*tor`, n. Etym: [See Guaranty, and cf. Warrantor.] (Law) (a) One who makes or gives a guaranty; a warrantor; a surety. (b) One who engages to secure another in any right or possession.
GUARANTY Guar"an*ty, n.; pl. Guaranies. Etym: [OF. guarantie, garantie, F. garantie, OF. guarantir, garantir, to warrant, to guaranty, E. garantir, fr. OF. guarant, garant, a warranter, F. garant; of German origin, and from the same word as warranty. See Warrant, and cf. Warranty, Guarantee.]
Defn: In law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a guarantee; a warranty; a security.