What's the difference between guarantor and guaranty?

Guarantor


Definition:

  • (n.) One who makes or gives a guaranty; a warrantor; a surety.
  • (n.) One who engages to secure another in any right or possession.

Example Sentences:

  • (1) For those who can't stump up more than 5% of the agreed price, he suggests guarantor mortgages, such as that offered by Lloyds TSB.
  • (2) The governor told business leaders in Edinburgh that Westminster would need to agree that the UK Treasury would help to bail out Scotland in any future financial crisis and act as a guarantor for Scotland's banks.
  • (3) And that’s just how Theresa May likes it | Martin Kettle Read more Russia was the guarantor of a 2013 deal under which Syria would remove all chemical weapons.
  • (4) They signed the contract over the loud protestations of Miura's sister-in-law, the guarantor.
  • (5) But the report didn't include mortgages where a parent acted as "guarantor".
  • (6) In Cairo, Obama touched on the broad issue of political change in a sclerotic Arab world whose rulers sold themselves as guarantors of stability and western interests.
  • (7) Remember, this was a time when women didn't have the right to equal pay, and couldn't get a mortgage without a male guarantor, and rape victims were at almost always to blame for having been raped.
  • (8) The downside, from the guarantor's point of view, is that he or she becomes liable for the mortgage if the borrower defaults on it.
  • (9) The need for more stringent gun controls is supported but their implications to the physician and especially the psychiatrist as a potential guarantor for a licence application ought to be further explored by the professional bodies involved.
  • (10) With the Co-operative bank, where it is possible to borrow 4.25 times a guarantor's gross income, you could potentially borrow £191,250.
  • (11) My father and stepmother have said that they could act as a guarantors for the mortgage.
  • (12) When the Syrian army attacks al-Nusra it is not as the suppressor of the popular movement, but the guarantor of the unity of Syria's diverse society.
  • (13) This is the difference between what a borrower could have afforded with a mortgage on his or her own earnings and what is actually being borrowed with a guarantor in place, plus 10%.
  • (14) Those are far more reliable guarantors of stability and security.
  • (15) Government as guarantor of rights may be more effective in health services than as provider of programs.
  • (16) Local public health departments traditionally have been supported as providers of preventive care and, in some jurisdictions, as guarantors of other essential services to vulnerable populations that usual providers do not reach.
  • (17) In unveiling the EU's " agenda for change " (pdf), Andris Piebalgs, the EU commissioner for development, said on Thursday that human rights and democracy were guarantors that economic development was sustainable.
  • (18) It was obvious that the main “guarantors” of the document were not the European diplomats, but their counterparts from across the ocean.
  • (19) Once the personal guarantor of national unity had been lynched by his compatriots, the Libyan people were left to their own devices in an appalling state of upheaval, with no roadmap to guide them.
  • (20) "Being a guarantor involves helping your child borrow a bit more by having your income in the background," says Hollingworth.

Guaranty


Definition:

  • (n.) In law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a guarantee; a warranty; a security.
  • (n.) In law and common usage: To undertake or engage that another person shall perform (what he has stipulated); to undertake to be answerable for (the debt or default of another); to engage to answer for the performance of (some promise or duty by another) in case of a failure by the latter to perform; to undertake to secure (something) to another, as in the case of a contingency. See Guarantee, v. t.

Example Sentences:

  • (1) The close cooperation of a morphologically interested clinician with a clinically interested morphologist and the guaranty of the mutual control of cytology and histology yield a promising success method for the clinical differential diagnostics and for the early recognition of cancer.
  • (2) In conclusion, the results of this study confirm that the mixtures of regular + isophane insulins (Actrapid HM + Protaphane HM) and regular + lente insulins (Actrapid HM + Monotard HM) give the same guaranties of safety and efficacy, that the former shows a more rapid absorption rate and, finally, indicate that the ratio 30:70 between regular and intermediate insulins is that more frequently used.
  • (3) The resection area in Crohn's Disease should be confined to a minimum, because even a wide resection is no guaranty for nonrecurrence.
  • (4) At the same time, the article makes clear that more reforms are necessary in the future, e.g., a further standardisation of rehabilitation services, the elimination of architectural barriers, reform of the benefit system, improvement of the social security for people in need of care and the guaranty of a regular income for those disabled from birth or childhood.
  • (5) During the induction-period the use of a high-dose combination-therapy guaranties a low incidence of rejection episodes.
  • (6) An automated procedure presented in this paper guaranties constant test conditions in an optimal way.
  • (7) In the Federal Republic of Germany the law guaranties yearly examination.
  • (8) For the treatment of the fractures of the antral walls, especially of the extended fractures of the orbital floor, after repositioning through the maxillary sinus, treatment is necessary which supports the maxillary sinus and which, being effective in all directions, protects the ciliated epithelium and guaranties the drainage of secretions.
  • (9) A background of psychiatric follow-up strongly influence the taking on and therapeutic decisions to be made by psychiatrists: its absence protects the patient and is seen as the guaranty of a good investment from the therapist while the existence of previous psychiatric treatment rather leads to hospital in lieu of crisis intervention, even when the crisis mechanisms are not significantly different in both samples.
  • (10) We conclude that a combinent use of anaesthesia and non-ionic contrast media does not guaranty protection from anaphylactoid reactions to iodinated radiopaque compounds.
  • (11) The improvement in the standard of living as such by no means guaranties well-balanced nutrition.
  • (12) It is widely realized, that the inherited idea of 'character' is not useful for a flexible guaranty of traffic safety by an administrative authority.

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