guaranty vs surety

guaranty

noun
  • 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. 

  • An assurance or guarantee. 

  • Something serving as a security for such an undertaking. 

surety

noun
  • A promise to pay a sum of money in the event that another person fails to fulfill an obligation. 

  • One who undertakes to pay money or perform other acts in the event that his principal fails therein. 

  • A substitute; a hostage. 

  • Evidence; confirmation; warrant. 

  • Certainty. 

  • That which makes sure; that which confirms; ground of confidence or security. 

How often have the words guaranty and surety occurred in a corpus of books? (source: Google Ngram Viewer )