Guaranty vs Commitment - What's the difference?
guaranty | commitment |
(legal) 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 warranty; a security.
Something serving as a security for such an undertaking.
* {{quote-book, year=1864, author=Various, title=The Atlantic Monthly, Volume 14, No. 85, November, 1864, chapter=, edition=
, passage=No doubt the city of New York and the State of California contain capital enough for the completion of the entire road,--would subscribe to it, too, upon sufficient guaranties . }}
An assurance or guarantee.
* {{quote-book, year=1904, author=Olive Tilford Dargan, title=Semiramis and Other Plays, chapter=, edition=
, passage=America has sent us guaranties She will demand that Maximilian Be held but as a prisoner of war. }}
* 1945 , , “
* {{quote-book, year=1742, author=Samuel Johnson, title=The Works of Samuel Johnson, Vol. 6, chapter=, edition=
, passage=His imperial majesty likewise guaranties' to the king of Prussia the perpetual possession of upper Silesia; and the king ' guaranties to the emperour the perpetual possession of upper Austria, as soon as he shall have occupied it by conquest." }}
The act or an instance of committing, putting in charge, keeping, or trust, especially:
# The act of sending a legislative bill to committee for review.
# Official consignment sending a person to prison or a mental health institution
Promise or agreement to do something in the future, especially:
# Act of assuming a financial obligation at a future date
Being bound emotionally/intellectually to a course of action or to another person/other persons.
The trait of sincerity and focused purpose.
Perpetration, in a negative manner, as in a crime or mistake.
State of being pledged or engaged.
The act of being locked away, such as in an institution for the mentally ill or jail.
As nouns the difference between guaranty and commitment
is that guaranty is (legal) 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 warranty; a security while commitment is the act or an instance of committing, putting in charge, keeping, or trust, especially:.As a verb guaranty
is .guaranty
English
Noun
(guaranties)citation
citation
The Philosophical Basis of Masaryk’s Political Ideals]” in [[w:Ethics (journal), Ethics]LV, ? 4 (July 1945), page 299, right column:
- The concept of God and immortality is for him a guaranty of this eternal difference between right and wrong.
References
* *Verb
citation