guaranty

A legal or financial term referring to a formal promise or assurance, typically regarding the quality, durability, or performance of a product or service, or the fulfillment of an obligation.

• 🇷🇺Юридический или финансовый термин, обозначающий формальное обещание или заверение, обычно касающееся качества, долговечности или работы продукта или услуги, либо выполнения обязательства.

1. Financial guarantee C1 formal american

   A formal promise or assurance, especially in a legal or financial context, to be responsible for another's debt or obligation.

   • The bank required a guaranty from the parent company before approving the loan.
   • He signed a personal guaranty for the business debt.
   • The contract included a guaranty of payment by the third party.

   🇷🇺Финансовая гарантия

   Synonyms: guaranteesuretywarranty

• guaranties plural form
• guaranties' possessive plural form
• guaranty's possessive singular form