guarantee
verb [ T ]
uk/ˌɡærənˈtiː/ usto promise that something will happen or is true:
guarantee sb sth European Airlines guarantees its customers top-quality service.
guarantee that sth is sth We guarantee that our products are 100% safe.
be guaranteed (to be) sth Their bread is guaranteed free of preservatives.
to make something sure to happen or to be true:
Good design does not always guarantee success.
guarantee that How can we guarantee that no one can access our intranet?
COMMERCE
if a company guarantees a product or service, it gives a written promise to return the customer's money or repair or exchange the product if there is a problem with it within a particular period:
guarantee sth for sth We guarantee all our work for six months.
BANKING
to offer something valuable to someone with the agreement that they can keep it if you fail to pay a loan or do what you promise:
If you guarantee the loan, you will lose the business if you default on payments.
guarantee
noun
uk/ˌɡærənˈtiː/ us [ C or U ] COMMERCE
a written promise by a company to return a customer's money or repair or change the product if there is a problem within a particular period after buying it:
The system costs £99.95 including postage, packing and a 12-month guarantee.
I'm afraid we can't replace the television as it's no longer under guarantee.
come with/have/carry a guarantee The laptop has a two-year guarantee.
a guarantee on sth There is a six-month guarantee on all our vehicle repairs.
The store offers money-back guarantees on all electronics.
[ C ]
something that makes another thing sure to happen or to be true:
no guarantee of sth/not a guarantee of sth Laboratory testing of a new drug is not a guarantee of safety.
a guarantee that There is no guarantee that the discussions will lead to a deal.
[ C ]
a promise from someone that something will be done or will happen:
a guarantee that The CEO gave employees a guarantee that he would keep the factory open at all costs.
[ C ] BANKING
something valuable that you offer to someone with the agreement that they can keep it if you fail to pay a loan or do what you promise:
a guarantee against sth The mortgage borrower provides the house as a guarantee against the loan.
See also
bank guarantee
bank guarantee fund
cheque guarantee card
company limited by guarantee
cross guarantee
debt guarantee
export credit guarantee
financial guarantee insurance
performance guarantee