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guarantee

guarantee

169 3.5
A promise by someone to pay a debt if another person fails
  • noun
  • /ˌɡɛrənˈti/
  • Formal
translation icon : aval
  • Of course, there's no guarantee that Disney or any other company will earn money.
  • loan guarantee
  • credit guarantee
  • financial guarantee

If they lose money on their guarantee, who pays for it?

Examples

  • You can also get public guarantees or insurance.

  • If they lose money on their guarantee, who pays for it?

  • 'Cause there is no guarantee of success on this one.

  • Although individual members said they would fight for the loan guarantees, they never forced a vote on the issue.

    Academic text (1994)
  • We'll work out the guarantees with Larry Gold, and your company can produce it.

    Fiction book (1991)
  • The price is right in line with the G.I. Bill guarantee.

  • Didn't you make a personal guarantee?

  • The distribution of power was regarded as a guarantee against the repetition of the then-recent German past.

    Academic text (1999)
  • Saudi Arabia is dependent on U.S. security guarantees and would be loath to alienate the United States.

    Academic text (2012)
  • The warranty includes a guarantee that the product will function properly for two years.

Synonyms

promise
vsguarantee
1.0

A statement by someone saying they will or will not do something

is a legal, collateral-backed pledge to fulfill another's debt if needed
word
vsguarantee
784 3.6

A promise that someone will do something

is a formal, enforceable pledge usually backed by security or payment
commitment
vsguarantee
178 3.2

A promise to do something that creates a legal or financial duty

is a formal pledge by another to pay when a debtor defaults
assurance
vsguarantee
103 3.4

A firm promise to do or not do something

is a formal, enforceable pledge backed by collateral or payment duty
warranty
vsguarantee
71 3.0

A written promise that a product will be fixed or replaced within a set time

focuses on debts and collateral rather than product service quality
money-back guarantee
vsguarantee
8 2.3

A promise from a seller to give back the full price if you are not satisfied

is a formal pledge to secure payment if a debtor fails
guaranty
vsguarantee
  • Formal
4 8.2

A written promise to pay someone else's debt if they cannot

is a formal pledge backed by collateral to secure repayment
warrant
vsguarantee
4 4.2

A written promise that a product will be fixed or replaced if it breaks

applies to financial obligations and creditor protection, not service quality
surety
vsguarantee
  • Formal
1 8.9

Property or money given to the lender so the loan will be repaid

serves as a formal pledge to pay if the original debtor defaults
surety bond
vsguarantee
  • Formal
1 7.7

A promise by another company to pay the client if a contract is not fulfilled

is a broader formal pledge not limited to third party instruments

Antonyms

default
  • Specialized
74 5.2

Failure to pay money you owe on a loan

Compounds

A promise from a seller to give back the full price if you are not satisfied

How Binding

surety
  • Formal
2 8.5
guarantee
  • Formal
169 3.5
indemnity
  • Formal
4 8.4
agreement
  • Formal
1.4

Surface Forms

guarantee singular
guarantees plural

Etymology

Guarantee comes from the old word garant meaning 'protector' or 'one who promises'. That's why a guarantee can be a person or a document that promises to pay or take responsibility if the original borrower fails.