1. a legal document in which the producer agrees to compensate the buyer if the product is faulty or becomes faulty before a specific date after purchase

    • a certificate of guarantee or a guarantee certificate

    • The guarantee lasts for two years.

    • It is sold with a twelve-month guarantee.

  2. a promise that someone will pay another person's debts

    company limited by guarantee
    company where each member stated in the memorandum of association how much money he will contribute to the company if it becomes insolvent (as opposed to a company limited by shares)
  3. something given as a security


    to leave share certificates as a guarantee


to give a promise that something will happen

Browse by Subjects
currency futures option
Government National Mortgage Association (Ginnie Mae)
Clearing Member
Banker's Acceptance
with profits
See All Related Terms »

time and method study
discount window
purchase order lead time
triple witching week