guaranty - Meaning in Sanskrit
guaranty - Meaning in Sanskrit
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Definitions and Meaning of guaranty in English
guaranty noun
- a collateral agreement to answer for the debt of another in case that person defaults
Synonyms
guarantee
प्रत्याभूतिः
Description
A guarantee is a form of transaction in which one person, to obtain some trust, confidence or credit for another, agrees to be answerable for them. It may also designate a treaty through which claims, rights or possessions are secured. It is to be differentiated from the colloquial "personal guarantee" in that a guarantee is a legal concept which produces an economic effect. A personal guarantee, by contrast, is often used to refer to a promise made by an individual which is supported by, or assured through, the word of the individual. In the same way, a guarantee produces a legal effect wherein one party affirms the promise of another by promising to themselves pay if default occurs.
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What is guaranty meaning in Sanskrit?
The word or phrase guaranty refers to a collateral agreement to answer for the debt of another in case that person defaults. See guaranty meaning in Sanskrit, guaranty definition, translation and meaning of guaranty in Sanskrit. Find guaranty similar words, guaranty synonyms. Learn and practice the pronunciation of guaranty. Find the answer of what is the meaning of guaranty in Sanskrit.
Other languages: guaranty meaning in Hindi
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What is guaranty meaning in Sanskrit, guaranty translation in Sanskrit, guaranty definition, pronunciations and examples of guaranty in Sanskrit.
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