NOUN | possession | guaranty, guarantee | a collateral agreement to answer for the debt of another in case that person defaults |
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Sounds | geh.rahntiy' | |
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Rhymes | ability ... zloty: 638 rhymes with tiy... |
Meaning | A collateral agreement to answer for the debt of another in case that person defaults. | |
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Synonym | guarantee | |
Broader | collateral | A security pledged for the repayment of a loan |
Spanish | aval, garantia | |
Catalan | aval |
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