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