guarantee Definition

guarantee

Definition

To accept responsibility for an obligation if the entity with primary responsibility for the obligation does not meet it.

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guarantee is ...
... part of the Law & Estate Planning subject.

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insurance - More

firm commitment offering - More

banker's acceptance - More

certified check, personal guarantee, full faith and credit, government mortgage, Government Paper, letter of credit, maintenance bond, default, guaranteed insurability, performance bond and

guarantee appears in these other terms

guaranteed renewable, guaranteed bond, Guaranteed Investment Contract, guarantee letter

guarantee appears in the definitions of these other terms on BusinessDictionary.com

ancillary guaranty, back to back credit, enforcement of a guarantee, demand guarantee, forfeiture of bond, and