A written declaration that a certain product will be fit for a purpose and work correctly. (noun)
A person who gives such a guarantee; a guarantor. (noun)
To assure that something will get done right. (verb)
To assume responsibility for a debt. (verb)
To make something certain. (verb)
Examples of word guarantee
I plead now for the ballot, as the great guarantee; and _the only sufficient guarantee_ -- being in itself peacemaker, reconciler, schoolmaster and protector -- to which we are bound by every necessity and every reason; and I speak also for the good of the States lately in rebellion, as well as for the glory and safety of the Republic, that it may be an example to mankind.
Asked about that, Mr. Kiely said his use of the term "guarantee" was "colloquial" and not meant within "the legal definition."
Mr. Kasowitz, the lawyer for Fletcher, said the word guarantee referred to the fact that the pension fund would be a preferred investor, its return accrued before—and potentially taken from funds of—other investors.
Mr. Kiely said in a statement to the Journal earlier this year that his use of the term "guarantee" in the email was "colloquial" and not meant within "the legal definition."
According to the reps that I meet with, the insurance guarantees serve as a useful marketing tool you can use the word guarantee at the closing table and provide client comfort in the form of principal protection.