The correct spelling of the word "GARAUNTOR" is "guarantor". The IPA phonetic transcription of this word is /ˌɡærənˈtɔːr/. It is spelled with a "G" at the beginning, followed by "UAR" and "AN" in the middle, and "TOR" at the end. The stress is on the second syllable, which is pronounced as "uh". A guarantor is someone who agrees to take responsibility for a debt or obligation if the primary borrower fails to fulfill their obligations.