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1. Dictionary

   guarantee

   /ˌɡarənˈtiː/

   noun

   • 1. a formal 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: "we offer a 10-year guarantee against rusting" Similar warrantywarrantcontractcovenantbondassurancepromise
   • ▪ something that ensures a particular outcome: "a degree is no guarantee of a fast-track career" Similar promiseassurancewordword of honourpledgevowoathbondcommitment
   • 2. an undertaking to answer for the payment or performance of another person's debt or obligation in the event of a default by the person primarily responsible for it.
   • ▪ a thing serving as security for a guarantee.
   • ▪ less common term for guarantor

   verb

   • 1. provide a formal assurance, especially that certain conditions will be fulfilled relating to a product, service, or transaction: "the company guarantees to refund your money"
   • ▪ provide a guarantee for: "the cooker is guaranteed for five years"
   • ▪ provide financial security for; underwrite: "a demand that £100,000 be deposited to guarantee their costs" Similar underwritesponsorsupportbackinsureindemnifyvouch forput up collateral forgive earnest money forprovide surety forprovide (financial) security forinformal:be ready to pick up the tab forbankroll
   • 2. promise with certainty: "no one can guarantee a profit on stocks and shares" Similar promiseswearswear to the factpledgevowundertakegive one's wordgive an assurancegive assurancesgive an undertakinggive a pledgeswear an oathtake an oathcross one's heart (and hope to die)archaic:plight

   Word Origin late 17th century (in the sense ‘guarantor’): perhaps from Spanish garante, corresponding to French garant (see warrant), later influenced by French garantie ‘guaranty’.

   Scrabble Points: 10

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2. accountinginsights.org › understanding-bank-guarantees-typesUnderstanding Bank Guarantees: Types, Processes, and Financial...

   accountinginsights.org › understanding-bank-guarantees-types

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   6 days ago · These guarantees can be broadly categorized into financial guarantees, performance guarantees, advance payment guarantees, and bid bond guarantees. Each type serves a unique purpose and offers distinct benefits to the parties involved.

3. www.supermoney.com › encyclopedia › guarantee-banksBank Guarantee: Understanding How They Work and Their Types

   www.supermoney.com › encyclopedia › guarantee-banks

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   Sep 12, 2024 · A guarantee bank, also known as a bank guarantee provider, is a financial institution that offers assurances or financial commitments to cover potential losses in contractual transactions. These guarantees act as a safety net for parties involved in business deals.

4. en.wikipedia.org › wiki › ContractContract - Wikipedia

   en.wikipedia.org › wiki › Contract

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   3 days ago · A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent [1] to transfer of goods, services, money, or promise to transfer any of those at a future date.

5. www.upcounsel.com › difference-between-warranty-andDifference Between Warranty and Condition in Contract Law -...

   www.upcounsel.com › difference-between-warranty-and

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   Sep 4, 2024 · What Is a Warranty? A warranty is a written guarantee that a seller issues to a buyer regarding particular claims. The claims must be factual and valid. An example of a warranty is a seller committing to replace or repair a product within a specified time if it doesn't meet the expected performance.

6. www.britannica.com › topic › human-rightsHuman rights | Definition, Examples, Importance, & Facts

   www.britannica.com › topic › human-rights

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   Sep 13, 2024 · Human rights, rights that belong to an individual or group of individuals simply for being human, or as a consequence of inherent human vulnerability, or because they are requisite to the possibility of a just society. Whatever their theoretical justification, human rights refer to a wide continuum.

7. www.muamalat.com.my › al-kafalah-bank-guarantee-kbgAl Kafalah Bank Guarantee (KBG) - Muamalat

   www.muamalat.com.my › al-kafalah-bank-guarantee-kbg

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   4 days ago · Guarantee for Honouring of Cheques; Custom Bond. You might also be interested in. Islamic Banking and Finance in Malaysia | Bank Muamalat.

8. termly.io › resources › articlesMoney Back Guarantee: Do You Need One? - Termly

   termly.io › resources › articles

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   Sep 13, 2024 · A money back guarantee, also known as a satisfaction guarantee, is a statement from a seller promising refunds for dissatisfied customers and is commonly used as a marketing technique to give consumers a sense of safety, especially when purchasing a new product.