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guaranty (gar´əntē),

n a contract that some certain and designated thing shall be done exactly as it is agreed to be done.
References in periodicals archive ?
5th DCA 1991), further delineated the rights of creditors in the case of assignments of special guaranties.
This rule provides the widely accepted authority currently in force in Florida on special guaranties.
As the real estate industry continues to suffer, it has become more and more common for lenders to seek payment under these interest guaranties for interest accruing both before and after the stated maturity of -- and after a default with respect to -- the underlying loan.
Trade credit insurance involves relatively short-term guaranties to sellers of goods that they will receive payment in the event a buyer is unable to pay due to insolvency.