Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
guaranty treaty
An agreement between countries directly or indirectly establishing a unilateral or reciprocal guarantee. - Also termed quasi-guarantee treaty; pseudo-guarantee treaty. "In many instances where the term guarantee' is used in international treaties, the contracting parties merely intend to underline their willingness to comply with the obligation they have entered into. Obligations of this kind do not fall within the concept of guarantee in the proper sense of the term. In this particular respect, the expression pseudo-guarantees' or quasi-guarantee treaties' is used." George Ress, "Guarantee Treaties," in 2 Encyclopedia of Public International Law 634 (1995).
guaranty treaty.
See TREATY.