what is the difference between the words guarantee and guaranty?
<answer> Guarantee s used in casual and informal contexts while Guaranty is only used in legal and financial writing. <context> Guarantee vs Guaranty. What, then, is the difference between “guarantee” and guaranty”? Both words have the same meaning as a noun. They both mean “assurance” or “promise that something will be done or an obligation will be fulfilled.” However, “guarantee” is both a noun and a verb whereas “guaranty” only functions as a noun. Additionally, “guarantee” is used in casual and informal contexts while “guaranty” is only used in legal and financial writing.