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guarantee

noun

/ˌgær ənˈti/

IPA:

Dictionary definition of guarantee

A formal assurance or promise made by one party to another, assuring that a particular outcome, result, or condition will be fulfilled or provided.
"The bank requires a guarantee from the borrower to secure the loan."

Detailed meaning of guarantee

A guarantee serves as a contractual or legal commitment, offering protection or certainty to the recipient. It implies a level of confidence in the fulfillment of a stated obligation or the quality, performance, or reliability of a product, service, or action. Guarantees are commonly associated with warranties, where a manufacturer or seller assures the buyer that a product will meet certain specifications, function as intended, or be repaired or replaced if it fails within a specified period. In financial contexts, a guarantee may involve a party's commitment to repay a loan or debt if the borrower defaults. Overall, a guarantee provides assurance and peace of mind to individuals, ensuring that their rights, investments, or expectations are safeguarded.

Example sentences containing guarantee

1. The company offers a money-back guarantee if customers are not satisfied with their purchase.
2. The warranty provides a guarantee that the appliance will be repaired or replaced if it malfunctions.
3. The guarantee of on-time delivery reassured the customer that their package would arrive as promised.
4. The satisfaction guarantee gave customers the confidence to try the product risk-free.
5. The insurance policy provided a guarantee that the policyholder would be compensated for any covered damages.
6. The contractor gave a guarantee that the construction project would be completed within the specified timeframe.

History and etymology of guarantee

The noun 'guarantee' has its roots in the Old French word 'garantie,' which meant 'a warrant or assurance.' It can be traced back further to the Old High German word 'warantia,' which had a similar meaning. The Germanic word 'warantia' was derived from the Old High German word 'waran,' meaning 'to guarantee' or 'to vouch for.' The etymology of 'guarantee' underscores the idea of providing a formal assurance or promise to another party, assuring that a particular outcome, result, or condition will be fulfilled or provided as expected. This word has maintained its essential meaning across languages and centuries, reflecting the fundamental concept of assurance and reliability that it conveys.

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Further usage examples of guarantee

1. The lifetime guarantee ensured that the product would be replaced if it ever failed.
2. The guarantee of authenticity assured buyers that the artwork was genuine.
3. The service agreement included a performance guarantee, ensuring that the service would meet certain quality standards.
4. The extended warranty provided an additional guarantee of coverage beyond the standard warranty period.
5. The company's reputation for quality and customer satisfaction was its greatest guarantee of success.
6. The manufacturer offers a money-back guarantee on this product.
7. Your satisfaction is our guarantee for quality service.
8. We can provide a written guarantee of product authenticity.
9. A guarantee is essential for building trust with customers.
10. The warranty serves as a guarantee of product durability.
11. The contract includes a performance guarantee clause.
12. We offer a lifetime guarantee on our craftsmanship.
13. Our policy provides a satisfaction guarantee for all clients.
14. The seller's guarantee covers any defects in the item.
15. The guarantee ensures timely delivery of your order.
16. The company's reputation is its strongest guarantee.
17. A written guarantee backs the product's reliability.
18. A money-back guarantee alleviates customer concerns.
19. The service agreement includes a response time guarantee.
20. The warranty acts as a guarantee of product quality.
21. Our commitment to excellence is our guarantee to you.
22. The manufacturer's guarantee extends for one year.
23. A guarantee of authenticity accompanies every purchase.
24. We stand by our products with a solid guarantee.
25. Our pledge to customer satisfaction is our guarantee.