what does guarantee mean
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- Guaranteed definition, a promise or assurance, especially one in writing, that something is of specified quality, content, benefit, etc., or that it will perform satisfactorily for a given length of time: a money-back guarantee. See more.
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Difference Between Guaranty and Guarantee It includes the chance of reimbursement in case the product is not up to the standards on the quality front. 2.“Guarantee” is the noun whereas “guaranty” is the verb. The usage of the word “guaranty,” however, has become obsolete and is used as just a variant of the word “guarantee.”.
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Difference Between Guarantee and Warranty Difference Between Guarantee and Warranty. The necessity of a guarantee emerged as a means of protection to safeguard the right of the consumer. With the strength of the guarantee, a seller is liable to make the complete replacement of the purchased item, incase it was found to be below the prescribed standard.
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- A bank guarantee or letter of credit is a way for the parties to a contract to ensure that the transfer of money from the buyer to the seller goes through. Instead of sending payment directly to the seller, the buyer purchases a letter of credit from a bank and sends that to the seller.
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guarantee This page provides all possible meanings and translations of the word assure. guarantee, ensure, insure, assure, secure(verb) make certain of. This nest egg will ensure a nice retirement for us; Preparation will guarantee success!. assure, tell(verb)
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What is right spelling, guarranty or guarantee ? A guarantee, as for a product or service: a new refrigerator still under guaranty. b. A guarantee to perform something in a specified way. 4. A guarantee serving to assure a particular outcome or condition. 5.
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Assure vs. Ensure vs. Insure Our blog Assure vs. Ensure vs. Insure makes the distinction that the definition of ensure is “to make sure something will or won’t happen,” whereas insure means “to issue an insurance policy.” Therefore, “Ensure the tradition of excellence” is a better choice.
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- Guarantee debts. A guarantee is a promise to pay someone else’s debt if they can’t pay it themselves. If they hadn’t paid it when the person died, you may be able to make a deduction. What you deduct depends on the borrower’s situation-if they: 1  can’t repay the loan, take off the whole amount of the loan.uarantee debts. A guarantee is a promise to pay someone else’s debt if they can’t pay it themselves. If they hadn’t paid it when the person died, you may be able to make a deduction. What you deduct depends on the borrower’s situation-if they: 1  can’t repay the loan, take off the whole amount of the loan.
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- A fee charged to holders of a mortgage-backed security by the issuer. The guarantee fee helps cover the issuer's expenses but its most important use is to lessen the issuer's risk of loss or default in case too many of the mortgages underlying the security themselves default.
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Guarantee The person to whom the guarantee is given is the creditor or the obligee; while the person whose payment or performance is secured thereby is termed the obligor, the principal debtor, or simply the principal. Suretys have been classified as follows:
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Definitions &Translations guarantee, ensure, insure, assure, secure(verb) make certain of. This nest egg will ensure a nice retirement for us; Preparation will guarantee success!. assure, tell(verb) inform positively and with certainty and confidence. I tell you that man is a crook!.
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Difference between Guaranty and Guarantee Tweet. Key difference: Essentially, ‘guaranty’ and ‘guarantee’ both have the same meaning. ‘Guaranty’ is a noun, whereas, ‘guarantee’ can be used as both a noun and a verb. Essentially, ‘guaranty’ and ‘guarantee’ both have the same meaning, with just slight differences.
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Definitions &Translations Wiktionary(1.00 / 1 vote)Rate this definition: ensure(Verb) To make a pledge to (someone); to promise, guarantee (someone of something); to assure. ensure(Verb) To make sure or certain of something (usually some future event or condition). Origin: From enseurer, from seur.
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WARRANTY Dictionary entry overview: What does warranty mean? • WARRANTY (noun) The noun WARRANTY has 1 sense: 1. a written assurance that some product or service will be provided or will meet certain specifications Familiarity information: WARRANTY used as a noun is very rare.
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- DEFINITION of 'Financial Guarantee'. An non-cancellable indemnity bond that is backed by an insurer in order to guarantee investors that principal and interest payments will be made.
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guarantee Definition of guarantee for Students. 1  1 : a promise that something will be or will happen as stated a guarantee against defects. 2  2 : something given as a promise of payment : security.
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What is 'Financial Guarantee' An non-cancellable indemnity bond that is backed by an insurer in order to guarantee investors that principal and interest payments will be made. Many insurance companies specialize in financial guarantees and similar products that are used by debt issuers as a way of attracting investors.
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Terms and Conditions for Guarantee Terms and Conditions for Guarantee. In undertaking your check you agree to be bound by the terms and conditions (below) and agree that these terms and conditions represent the extent of our liability in the event of any loss.Terms & Abbreviations used:n undertaking your check you agree to be bound by the terms and conditions (below) and agree that these terms and conditions represent the extent of our liability in the event of any loss. Terms & Abbreviations used:
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ICANN - Internet Corporation for Assigned Names and Numbers A non-profit, international corporation that was formed in September 1998 to take over global responsibility for Internet Protocol (IP) address space allocation, protocol parameter assignment, Domain Name System (DNS) management, and root server system management functions.
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What does pledge mean? to promise something,  i pledge to keep milford clean. It means and is defined as the promise or commitment to something, such as a Pledge of Allegiance, a commitment to allegiance, or a promise to take responsibility for ones nation. A pledge can also be an agreement, such as a pledge to compromise. to promise something,  i pledge to keep milford clean. It means and is defined as the promise or commitment to something, such as a Pledge of Allegiance, a commitment to allegiance, or a promise to take responsibility for ones nation.
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LawProse Lesson #121: Whatâs the difference between guarantee and guaranty? The promise to pay the debt or fulfill the obligation of another if that person fails to do so {the father signed a guaranty for his son’s car loan}. Guaranty formerly functioned also as a verb—a variant of guarantee —but that form is now obsolete. Guaranty should now be used only in its modern legal sense, as a noun. Guarantor, n. 1. One who makes a guaranty {the father was the guarantor on his son’s loan}. 2.
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Definitions &Translations Promise. A promise is a commitment by someone to do or not do something. As a noun promise means a declaration assuring that one will or will not do something. As a verb it means to commit oneself by a promise to do or give. It can also mean a capacity for good, similar to a value that is to be realized in the near future.
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guarantee This page provides all possible meanings and translations of the word ensure. guarantee, ensure, insure, assure, secure(verb) make certain of. This nest egg will ensure a nice retirement for us; Preparation will guarantee success!.
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Difference between Guaranty and Guarantee a warrant, pledge, or formal assurance given as security that another's debt or obligation will be fulfilled. something that is taken or presented as security. the act of giving security.
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- guarantee that How can we guarantee that no one can access our intranet? › COMMERCE if a company guarantees a product or service, it gives a written promise to return the customer's money or repair or exchange the product if there is a problem with it within a particular period:
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âWarrantyâ vs. âguaranteeâ a written guarantee promising to repair or replace an article if necessary within a specified period. ... A warranty is a type of guarantee; in the case of a product guarantee/product warranty, it's basically the same thing-the company undertakes to repair or replace your goods if they go wrong.