A promise that something will be done or will happen, especially a written promise by a company. In english law, a guarantee is a contract whereby the person (the guarantor) enters into an agreement to pay a debt, or effect the performance of some. A guarantee is money or something valuable which you give to someone to show that you will do what you have promised.
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The meaning of guarantee is a promise to answer for the payment of a debt or the performance of a duty of another in case of the other's default or. To guarantee the fulfillment of a contract. To make oneself answerable for (something) on behalf of someone else who is primarily responsible: