Guarantee definition is - guarantor. Is guarantee a noun and verb? What is the noun for guarantee? How does guarantee means? English dictionary definition of guarantee.
To assume or take responsibility for a debt or other obligation. To make something certain. The long sunny days guarantee a good crop. View the pronunciation for guarantee. It has a one-year guarantee that covers parts and labor.
A warranty is a guarantee of the integrity of a product and of the maker’s responsibility for it. In a sense, guarantee is the more general term and warranty is the more specific (that is, written and legal) term. But a closer look at these words shows a relationship that is even closer than that: they were originally one and the same.
It most commonly designates a private transaction by means of which one person, to obtain some trust, confidence or credit for another, engages to be answerable for him. In other words, if the debtor fails to settle a debt, the bank covers. Speak with an American Accent, Succeed- Have Easy and Effortless Conversations.
If one thing guarantees another, the first is certain to cause the second thing to happen. Surplus resources alone do not guarantee growth. Something that is a guarantee of something else makes it certain that it will happen or that it is true. A famous old name on a firm is not necessarily a. The Government is guaranteeing that people who purchase water will now have a guarantee of repairs and spare parts.
Definition of guarantee : In general, another way of spelling guaranty. The bank had a guarantee in terms of their relationship between the actual property and the. While helping to build customer loyalty, guarantees also lead to excellent feedback.
In bond issues, for example, the financial guarantor might only guarantee the repayment of interest or. Spanish garante or confusion with legalese ending… See definitions of guarantee. Subscribe for more videos! We will refund your full purchase price, less original shipping costs.
Synonyms for guarantee at Thesaurus.
Find descriptive alternatives for guarantee. In only very specific legal situations will the use of guarantee vs. Legally, a guarantee , as opposed to a warranty, can also be describe as a promise to be responsible for another’s debt or obligations.
For example, a parent may guarantee a child’s car loan. If the child fails to make payment, the parent will be.
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