n. & v.
--n.
1. a a formal promise or assurance, esp. that an obligation will be fulfilled or that something is of a specified quality and durability. b a document giving such an undertaking.
2 GUARANTY.
3 a person making a guaranty or giving a security.
--v.tr. (guarantees, guaranteed)
1. a give or serve as a guarantee for; answer for the due fulfilment of (a contract etc.) or the genuineness of (an article). b assure the permanence etc. of. c provide with a guarantee.
2 (foll. by that + clause, or to + infin.) give a promise or assurance.
3 a (foll. by to) secure the possession of (a thing) for a person. b make (a person) secure against a risk or in possession of a thing.
Phrases and idioms:
guarantee fund a sum pledged as a contingent indemnity for loss.
Etymology: earlier garante, perh. f. Sp. garante F garant WARRANT: later infl. by F garantie guaranty