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

Use guarantee in a sentence

I was glad that they offered a money back guarantee because the last product I bought from them did not work.

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As a guarantee for his on this loan he had a great deal of reservations about his son's ability to pay the loan and provide for his needs.

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Most companies have a policy with their merchandise that guarantee your money back with a full refund if you are not satisfied with their product.

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90-day savings account Government Paper