browse words by letter
a b c d e f g h i j k l m n o p q r s t u v w x y z
guarantees

more about guarantees

guarantees


  1  definition  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Guarantee  \Guar`an*tee"\,  n.;  pl  {Guarantees}.  [For  guaranty, 
  prob.  influenced  by  words  like  assignee,  lessee,  etc  See 
  {Guaranty},  and  cf  {Warrantee}.] 
  1.  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. 
 
  His  interest  seemed  to  be  a  guarantee  for  his  zeal. 
  --Macaulay. 
 
  2.  One  who  binds  himself  to  see  an  undertaking  of  another 
  performed;  a  guarantor.  --South. 
 
  Note:  Guarantor  is  the  correct  form  in  this  sense 
 
  3.  (Law)  The  person  to  whom  a  guaranty  is  made  --  the 
  correlative  of  guarantor. 
 
  Syn:  {Guarantee},  {Warranty.} 
 
  Usage:  A  guarantee  is  an  engagement  that  a  certain  act  will 
  be  done  or  not  done  in  future.  A  warranty  is  an 
  engagement  as  to  the  qualities  or  title  of  a  thing  at 
  the  time  of  the  engagement. 




more about guarantees