Guaranty
Legal definition for Indian law research
Definition
guaranty
pl: -ties
[Old French garantie, from garantir to guarantee, from garant warrant]
1 : a pledge to pay another's debt or to perform another's duty in case of the other's default or inadequate performance compare letter of credit
2 : guarantee
3 : guarantor
4 : something given as security
: pledge
5 : the protection of a right afforded by legal provision (as in a constitution)
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.