A formal assurance or promise, typically in writing, that certain conditions will be fulfilled, especially that a product will be repaired or replaced if not of a specified quality.
The new smartphone comes with a two-year guarantee against manufacturing defects.
A person or thing that gives assurance of a certain outcome or condition.
His reputation as a skilled negotiator was a guarantee of successful talks.
A pledge or security given to ensure the fulfillment of an obligation.
The bank required a guarantee before approving the loan.
Law: An undertaking to be legally responsible for another person's debt or obligation if they fail to meet it.
The parent company signed a guarantee to secure its subsidiary's bank loan.