| 单词 | guarantee |
| 释义 | guarantee A promise that if a good is unsatisfactory it will be repaired or replaced, or that if a loan is not repaid the guarantor will repay it. Some guarantees are legally enforceable, which protects the holder of the guarantee provided that the guarantor is solvent. Even if a guarantee is not legally binding, the guarantor risks loss of reputation if the guarantee is not honoured. |
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