GUARANTEES

Noun

guarantees

plural of guarantee

Verb

guarantees

Third-person singular simple present indicative form of guarantee

Source: Wiktionary


GUARANTEE

Guar`an*tee", n.; pl. Guarantees. Etym: [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)

Definition: The person to whom a guaranty is made; -- the correlative of guarantor.

Syn.

– Guarantee, Warranty. 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.

Guar"an*tee`, v. t. [imp. & p. p. guaranteed; p, pr. & vb. n. Guaranteeing.] Etym: [From Guarantee, n.]

Definition: 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.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

16 November 2024

LEAVE

(verb) go and leave behind, either intentionally or by neglect or forgetfulness; “She left a mess when she moved out”; “His good luck finally left him”; “her husband left her after 20 years of marriage”; “she wept thinking she had been left behind”


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Coffee Trivia

The world’s most expensive coffee costs more than US$700 per kilogram. Asian palm civet – a cat-like creature in Indonesia, eats fruits, including select coffee cherries. It excretes partially digested seeds that produce a smooth, less acidic brew of coffee called kopi luwak.

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