guarantee

²guar·an·tee

verb
\ˌger-ən-ˈtē, ˌgär-, ˌga-rən- also ˈger-ən-ˌ or ˈgär-ən-ˌ, ˈga-rən-ˌ\

guar·an·teedguar·an·tee·ing

Definition of GUARANTEE

transitive verb

1

: to undertake to answer for the debt, default, or miscarriage of <guarantee a loan>

2

: to engage for the existence, permanence, or nature of : undertake to do or secure <guarantee the winning of three tricks>

3

: to give security to <guaranteed her against loss>

4

: to assert confidently <I guarantee you'll like it>

Examples of GUARANTEE

1. The washer is guaranteed against defects for one year.
2. They guarantee that the diamonds they sell are top quality.
3. He offered to personally guarantee the loan.
4. The investment was guaranteed by the bank.
5. I guarantee that you'll be satisfied.
6. He guaranteed us that everything would go according to plan.
7. Money doesn't guarantee a happy life.
8. He guaranteed a victory in the championship game.
9. They're called change agents. They swoop in to transform stodgy institutions… . It's a risky tack, one that guarantees large numbers of people will hate the boss's guts. —Daniel McGinn, Newsweek, 28 Feb. 2005
10. For an incumbent President… . The power of the office and the media coverage its holder is guaranteed for just doing his job generally give him the luxury of staying above the fray. —Joe Klein, Time, 22 Mar. 2004
11. Voucher plans were adopted largely as a last resort, an effort to guarantee a semblance of school choice for low-income minority students in failing inner-city schools. —Jeffrey Rosen, New Republic, 18 Mar. 2002

Origin of GUARANTEE

(see ¹guarantee)

First Known Use: 1731

Related to GUARANTEE

Synonyms: warrant, guaranty

Related Words: attest, authenticate, avouch, certify, testify (to), vouch (for), witness; assure, bond, contract, covenant; pledge, plight, stipulate, swear, undertake, vow; adhere, assert, aver, avow, declare, insist; insure

Near Antonyms: enfeeble, undermine, weaken

see all synonyms and antonyms

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Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer