guaranty

noun/ˈɡærənti/

Frequency rank: #18,831 most common English word

Meaning

a formal pledge or assurance that a legal obligation will be fulfilled, especially one person's promise to be responsible for another's debt.

Illustration for the English word “guaranty”

Example sentence

The bank required written guaranty before approving the large business loan.

Synonyms & related words

Practice this word in the quiz

More words in ranks 18,801–18,900