verbπShareTo give an assurance that something will be done right."The teacher guaranteed that all students would receive a fair grade. "businessinsurancelawfinanceChat with AIVocabulary GamePractice Reading
verbπShareTo assume or take responsibility for a debt or other obligation."My parents agreed to guaranty my student loan, so I was able to get the money for college. "businessfinancelawChat with AIVocabulary GamePractice Reading
verbπShareTo make something certain."The long sunny days guarantee a good crop."businessfinanceinsuranceChat with AIVocabulary GamePractice Reading
nounπShareAn undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a warranty; a security."My uncle gave a guaranty for my student loan, ensuring the bank that he would pay if I couldn't. "businessfinancelawinsuranceChat with AIVocabulary GamePractice Reading
nounπShareSomething serving as a security for such an undertaking."The deposit on the new computer served as a guaranty for the store that I would pay the remaining balance. "businessfinancelawinsuranceChat with AIVocabulary GamePractice Reading
nounπShareAn assurance or guarantee."The store's guaranty ensures that the new computer will be repaired if it breaks within the first year. "businesslawfinanceChat with AIVocabulary GamePractice Reading