guaranty
Formal financial pledge
Guaranty is a formal promise to answer for another's debt or obligation if they fail to pay.
It functions much like guarantee but appears mainly in legal and financial contexts: The bank required a personal guaranty from the business owner.
The verb means to provide such assurance.
Outside legal documents, guarantee is the more common spelling for both noun and verb.
Binding tie or connection
- bailCourt-set release payment
- indemnityProtection against financial loss
- underwritingRisk evaluation and acceptance
- premiumAdded cost for better
insurer · reinsurance · coverage · liability · risk · claims · beneficiary · endorsement
Backer of obligation
- indemnityProtection against financial loss
- covenantBinding formal pledge
- contractEnforceable written agreement
- obligationRequired task or commitment
escrow · lien · collateral · enforceable · notarize · subrogation · adjudication · fiduciary
Security for debt
- lienClaim securing debt
- depositPlace for safekeeping
- escrowConditional third-party deposit
- assetItem of value owned
pledge · mortgage · encumbrance · charge · reserve · safeguard · protection · insurance
Binding promise given
- assuranceFirm promise or certainty
- vowSolemn personal commitment
- oathFormal binding promise
- commitmentFirm pledge to act
word · undertaking · covenant · affirmation · representation · attestation · avowal · bond
Borrowed money repaid later
- creditRecognition or payment deferral
- defaultPreset standard option
- mortgageSecured home loan
- debentureUnsecured debt instrument
principal · lender · underwriter · solvency · collateral · equity · investment · repayment
bond
Binding tie or connection
- bailCourt-set release payment
- indemnityProtection against financial loss
- underwritingRisk evaluation and acceptance
premium · insurer · reinsurance · coverage · liability · risk · claims · beneficiary · endorsement · cosigner
surety
Backer of obligation
- indemnityProtection against financial loss
- covenantBinding formal pledge
- contractEnforceable written agreement
obligation · escrow · lien · collateral · enforceable · notarize · subrogation · adjudication · fiduciary · testamentary
collateral
Security for debt
asset · pledge · mortgage · encumbrance · charge · reserve · safeguard · protection · insurance · backing
pledge
Binding promise given
commitment · word · undertaking · covenant · affirmation · representation · attestation · avowal · bond · troth
loan
Borrowed money repaid later
debenture · principal · lender · underwriter · solvency · collateral · equity · investment · repayment · borrower
- contract termscontract terms, agreement, terms, conditions, condition
- financial agreementsloan agreement, credit agreement, loan contract, promissory note, loan
- guaranteespledge, oath, promise, surety, assurance
- legal documentscontract, affidavit, deed, will, subpoena
- legal relationsprivity, obligation, agency, subrogation, indemnity
- debtdebt, creditor, owe, debtor, lender
guarantyuncertainty
State of being unsure
risk · exposure · vulnerability · insecurity · liability
guarantybreach
Breaking of agreement
default · forfeit · repudiation · forfeiture · break
guarantyundermine
Weaken by stealth
weaken · enfeeble · compromise · destabilize · erode
- money-back guaranteePledge to reimburse dissatisfied buyers
- money back guaranteePromise of reimbursement if unsatisfied
- satisfaction guaranteedPledge of buyer contentment
- I guaranteePledging certainty personally
- satisfaction guaranteePledge of customer contentment
- payment guaranteeAssured compensation commitment