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GUARANTEE Definition Meaning - Merriam-Webster Noun And as key pieces of the infrastructure are knocked out, there is no guarantee that they will be repaired or rebuilt, at least not as they were before Naomi Klein, Harper's, October 2007
Guarantee - Wikipedia In English law, a guarantee is a contract whereby the person (the guarantor) enters into an agreement to pay a debt, or effect the performance of some duty by a third person who is primarily liable for that payment or performance
Guarantee Definition Meaning | Britannica Dictionary GUARANTEE meaning: 1 : a usually written promise: such as; 2 : a promise that the quality of something (such as a product that is being sold) will be as good as expected
What is a Guarantee? – Inspire Pearls A guarantee is a formal assurance provided by one party (the guarantor) to another (the obligee or beneficiary) that a specific obligation or debt will be fulfilled Essentially, it is a promise to assume responsibility if the primary party fails to meet their commitments Guarantees are common in various sectors, including banking, real estate, manufacturing, and consumer transactions