He to whom a guaran-ty is made. This word is also used, as a noun, to denote the contract of guaranty or the obligation of a guarantor, and, as a verb, to denote the action of assuming the responsibilities of a guarantor. But on the general principle of legal orthography,—that the title of the person to whom the actlon passes over should end in “ee,” as “donee," “grantee,” “payee,” “bailee,” “drawee,” etc., —it seems better to use this word only as thecorrelative of “guarantor," and to spell the verb, and also the name of the contract, “guaranty
Source: Black's Law Dictionary 2nd Ed (1910)
