- 1. a formal promise or assurance (typically in writing) that certain conditions will be fulfilled, especially that a product will be repaired or replaced if not of a specified quality and durability: "we offer a 10-year guarantee against rusting"
- 2. a formal pledge to pay another person's debt or to perform another person's obligation in the case of default.
- 1. provide a formal assurance or promise, especially that certain conditions shall be fulfilled relating to a product, service, or transaction: "the con artist guarantees that the dirt pile will yield at least 20 ounces of gold"
guarantee noun us / ˌɡer. ə nˈtiː / uk / ˌɡær. ə nˈtiː / B2 [ C or U ] a promise that something will be done or will happen, especially a written promise by a company to repair or change a product that develops a fault within a particular period of time: The system costs $99 including shipping and handling and a twelve-month guarantee.
Definition of guarantee 1 as in to guaranty to assume responsibility for the satisfactory quality or performance of the shop will guarantee all work done on the car for 30 days Synonyms & Similar Words Relevance guaranty assure bond certify contract pledge warrant vow insist undertake insure attest stipulate swear authenticate covenant adhere
guarantee 1. (Commerce) a formal assurance, esp in writing, that a product, service, etc, will meet certain standards or... 2. (Law) law a promise, esp a collateral agreement, to answer for the debt, default, or miscarriage of another 3. (Commerce) a. a person, company, etc, to whom a guarantee is ...
1 : an undertaking to answer for the payment of a debt or the performance of a duty of another in case of the other's default or miscarriage 2 : guarantee sense 3 3 : guarantor 4 : something given as security (see security sense 2) : pledge used our house as a guaranty for the loan 5
ˈga-rən-. Synonyms of guaranteed. 1. : assured with a guarantee (see guarantee entry 2 sense 3) : protected or promised by a guarantee. a guaranteed annual wage. a guaranteed loan. In some California locales … public-safety workers can pull down truly swank livings, given their salaries, health benefits and guaranteed pension payouts.
: one that gives a guarantee Legal Definition guarantor noun guar· an· tor ˌgar-ən-ˈtȯr, ˌgär-; ˈgar-ən-tər, ˈgär- : one that makes or gives a guaranty More from Merriam-Webster on guarantor Nglish: Translation of guarantor for Spanish Speakers Britannica English: Translation of guarantor for Arabic Speakers
Nov 18, 2021 · A guarantor is a financial term describing an individual who promises to pay a borrower's debt in the event that the borrower defaults on their loan obligation. Guarantors pledge their own assets...