Guarantee vs Guaranty
What’s the difference between them?
Guarantee
Meaning:
a guarantee is a promise or assurance that certain conditions will be fulfilled. It is a written or verbal agreement that offers protection from loss or damage.
Examples:
1. The manufacturer provides a five-year guarantee on all electrical appliances.
2. We guarantee the quality of all our products.
3. The bank gave us a guarantee that our deposit would be safe.
Guaranty
Meaning:
meaning is the same, but such spelling is mostly used in legal contexts.
Examples:
1. The bank will provide a guaranty for the loan.
2. We will offer a five year guaranty on the product.
3. The guaranty ensures quality service on all products.
Learn similar and opposite words to spot the difference
Synonyms
Antonyms
Guarantee
1. Assure
2. Pledge
3. Vouch for
4. Certify
5. Underwrite
1. Disavowal
2. Rejection
3. Refusal
4. Veto
5. Breach of Contract
Guaranty
1. Assure
2. Pledge
3. Vouch for
4. Certify
5. Underwrite
1. Disavowal
2. Rejection
3. Refusal
4. Veto
5. Breach of Contract
Tricks for mastery
Useful tips to understand the difference between confusing words "Guarantee", "Guaranty".
1. Recognize that 'guarantee' is the more common and widely used spelling in everyday language and general contexts.
2. Understand that 'guaranty' is often used in legal contexts or formal documents, but it's less common in everyday language.
3. For everyday use, default to 'guarantee' as the more commonly recognized and accepted term.
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Frequently asked questions
In what situations should the first word, 'Guarantee', be used?
Guarantee is typically used to refer to a certain assurance or promise that something will happen, either from a person or entity, and typically requires no payment or exchange of goods. For example, a store might guarantee the quality of its products or a company might guarantee a certain level of service.
When is the appropriate context for using the second word, 'Guaranty'?
Guaranty is typically used to refer to a type of agreement or contract in which one party provides assurance to another party for a certain obligation or debt. For example, a bank might provide a guaranty to a borrower that a loan will be paid if the borrower cannot make the payments.
Do the two words share the same pronunciation?
Yes, these words have similar pronunciation, so you have pay attention to the context to use the correct word.
What are some common mistakes people make when using these words?
One common mistake people make when using these words is interchanging them in conversations or in written documents. While they share a similar meaning, it is important to understand the differences between guarantee and guaranty and to use each word in the correct context. Additionally, people sometimes forget to pronounce the words differently.
Fill in the gaps to check yourself
1. The store offers a 30-day money-back ___ on all purchases.
2. When applying for a loan, the bank may require a ___ from a third party.
3. The product comes with a lifetime ___ against defects.
4. The deed of ___ was signed to ensure repayment of the debt.
5. Theres no ___ that this plan will work, but its worth a try.
6. In legal terms, the ___ document secures the debtors promise to repay the loan.
1. guarantee
Explanation: The context refers to a common practice in retail where a store offers a promise or assurance that customers can get their money back if not satisfied with a purchase. Thus, the more common term guarantee is appropriate.
2. guaranty
Explanation: The mention of a bank and loan hints at a formal, legal context. In such situations, guaranty is often used, especially in American legal contexts, to denote a promise to answer for the debt or default of another.
3. guarantee
Explanation: This sentence is referring to a common promise made by companies about the quality or durability of their product, making guarantee the suitable choice.
4. guaranty
Explanation: The use of legal language like deed suggests a more formal, legal context, making guaranty appropriate as its often used in such settings.
5. guarantee
Explanation: The context here is more general, talking about the certainty or assurance of something happening. The term guarantee is more widely recognized and used in everyday language for this meaning.
6. guaranty
Explanation: The mention of legal terms such as debtor points to a legal context, making guaranty the right choice, as this spelling is more common in legal documents or settings.
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List of Commonly Confused Words
Finding your way around the English language can be hard, especially since there are so many confusing words and rules. So, a list of the most confusing words in English is an extremely useful tool for improving language accuracy and sharing the ideas clearly.