- In law and common usage: A promise to answer for the
payment of some debt, or the performance of some duty, in case of the
failure of another person, who is, in the first instance, liable to
such payment or performance; an engagement which secures or insures
another against a contingency; a warranty; a security. Same as
Guaranty. - One who binds himself to see an undertaking of another
performed; a guarantor. - The person to whom a guaranty is made; -- the
correlative of guarantor. - In law and common usage: to undertake or engage for the
payment of (a debt) or the performance of (a duty) by another person;
to undertake to secure (a possession, right, claim, etc.) to another
against a specified contingency, or at all avents; to give a guarantee
concerning; to engage, assure, or secure as a thing that may be
depended on; to warrant; as, to guarantee the execution of a treaty.
Meaning of 'guarantee' (Princeton's WordNet)
1 . guarantee
[ n]
Meaning (1): - an unconditional commitment that something will happen or that something is true
Example in sentence:
there is no guarantee that they are not lying
2 . guarantee
[ v]
Meaning (2): - promise to do or accomplish
Example in sentence:
guarantee to free the prisoners
Meaning (3): - give surety or assume responsibility
Example in sentence:
I vouch for the quality of my products
Meaning (4): - stand behind and guarantee the quality, accuracy, or condition of
Example in sentence:
I warrant this information;
The dealer warrants all the cars he sells
Meaning (5): - make certain of
Example in sentence:
Preparation will guarantee success!;
This nest egg will ensure a nice retirement for us
Signature Guarantee Signature Guarantee is a type of validation offered by a financial intermediary that checks the legality of a signature as well as the entire demand of the signatories.
Capital Guarantee Capital Guarantee is one type of investment plan that protects an investor's investment from loss. These are a few sorts of risk-free investment plans...
Life annuity with guaranteed payments Life annuity with guaranteed payments refer pays a life income to the annuitant with a certain number of guaranteed payments.
Guaranteed issue Guaranteed issue is a term used to describe applicants for health insurance; coverage for medical expense insurance is guaranteed,
Guaranteed investment contract (GIC) Guaranteed investment contract (GIC) is an arrangement in private pension plans in which the insurer guarantees the interest rate on a
Guaranteed purchase option Guaranteed purchase option refers benefit that can be added to a life insurance policy permitting the insured to purchase additional
Guaranteed renewable Guaranteed renewable means continuance provision of a health insurance policy under which the company guarantees to renew the
Guaranteed replacement cost Guaranteed replacement cost is in the event of a total loss, the insurer agrees to replace the home exactly as it was before the loss
Working Capital Guarantee Program Working Capital Guarantee Program refers to a program conducted by the Ex-Im Bank that encourages commercial banks to extend short-term export ...
Multilateral Investment Guarantee Agency (MIGA) Multilateral Investment Guarantee Agency (MIGA) is an agency, established by the World Bank that offers various forms of political risk insurance to corporations.