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1.guaranty means to really trust something like eg: i guaranty you that you will win.
2. a piece of document that is like a warrant. eg: this product has a 2 year guaranty. ----
Wiki User
∙ 14y ago
A guaranty is a promise or agreement from one party to take responsibility for another party's debt, obligation, or performance if they fail to meet it. It serves as a form of security or assurance that the obligation will be fulfilled. Banks often require guaranties when lending to businesses or individuals to reduce their risk.
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