Legal Definitions - guaranty treaty

A guaranty treaty is an agreement between countries that establishes a unilateral or reciprocal guarantee. It can be used to underline a willingness to comply with an obligation or to secure an individual project, such as a guaranty agreement. The term "guarantee" may not always mean a proper guarantee in the sense of the term, and in such cases, the expression "pseudo-guarantees" or "quasi-guarantee treaties" is used.

For example, a guaranty treaty can be used to ensure that a country complies with a trade agreement or to guarantee the safety of a particular project. It can also be used to establish a reciprocal guarantee between countries, such as a mutual defense agreement.

Overall, a guaranty treaty is a type of international agreement that establishes a guarantee between countries, either unilaterally or reciprocally.