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more about guarantee
guarantee |
3 definitions 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. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Guarantee \Guar"an*tee`\, v. t. [imp. & p. p. {guaranteed}; p, pr & vb n. {Guaranteeing}.] [From {Guarantee}, n.] 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. The United States shall guarantee to every State in this Union a republican form of government. --Constitution of the U. S. From WordNet r 1.6 [wn]: guarantee n 1: a written assurance that some product or service will be provided or will meet certain specifications [syn: {warrant}, {warranty}] 2: a pledge that something will happen or that something is true; "there is no guarantee that they are not lying" 3: a collateral agreement to answer for the debt of another in case that person defaults [syn: {guaranty}] v 1: give surety or assume responsibility; "I vouch for the quality of my products" [syn: {vouch}] 2: make certain of "This nest egg will ensure a nice retirement for us"; "Preparation will guarantee success!" [syn: {ensure}, {insure}, {assure}, {secure}] 3: promise or guarantee [syn: {undertake}] 4: stand behind [syn: {warrant}]
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