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Dictionary:

guarantee

  (găr'ən-tē') pronunciation
n.
  1. Something that assures a particular outcome or condition: Lack of interest is a guarantee of failure.
    1. A promise or an assurance, especially one given in writing, that attests to the quality or durability of a product or service.
    2. A pledge that something will be performed in a specified manner.
    1. A guaranty by which one person assumes responsibility for paying another's debts or fulfilling another's responsibilities.
    2. A guaranty for the execution, completion, or existence of something.
  2. A guarantor.
tr.v., -teed, -tee·ing, -tees.
  1. To assume responsibility for the debt, default, or miscarriage of.
  2. To assume responsibility for the quality or performance of: guarantee a product.
  3. To undertake to do, accomplish, or ensure (something) for another: guaranteed to free the captives; guarantees freedom of speech.
  4. To make certain: The rain guarantees a good crop this year.
  5. To furnish security for.
  6. To express or declare with conviction: I guarantee that you'll like this book.

[Alteration of Middle English garant, warranty, from Old French. See guaranty.]


 
 

To take responsibility for payment of a debt or performance of some obligation if the person primarily liable fails to perform. A guarantee is a Contingent Liability of the guarantor-that is, it is a potential liability not recognized in accounts until the outcome becomes probable in the opinion of the company's accountant.

 
Thesaurus: guarantee

noun

  1. An assumption of responsibility, as one given by a manufacturer, for the quality, worth, or durability of a product: guaranty, surety, warrant, warranty. See obligation.
  2. A declaration that one will or will not do a certain thing: assurance, covenant, engagement, guaranty, pledge, plight2, promise, solemn word, vow, warrant, word, word of honor. See obligation.

verb

  1. To give a promise of payment of: secure. See money, obligation.
  2. To assume responsibility for the quality, worth, or durability of: certify, guaranty, warrant. See obligation.
  3. To render certain: assure, ensure, insure, secure, warrant. Informal cinch. See certain/uncertain.

 
Antonyms: guarantee

v

Definition: pledge, promise
Antonyms: break


 
Architecture: guarantee


1. A legally enforceable assurance of the quality or duration of a product or of work, 1 performed.
2. A binding commitment by one person that another will perform his contract obligations satisfactorily.


 
Law Encyclopedia: Guarantee
This entry contains information applicable to United States law only.

One to whom a guaranty is made. This word is also used, as a noun, to denote the contract of guaranty or the obligation of a guarantor, and, as a verb, to denote the action of assuming the responsibilities of a guarantor.

 
Word Tutor: guarantee
pronunciation

IN BRIEF: A promise or assurance that something will be done.

pronunciation Enjoy your sweat because hard work doesn't guarantee success, but without it you don't have a chance. — Alex Rodriguez.

 
Wikipedia: guarantee (film)

In film production, a Guarantee is part of an actor or director's contract that guarantees remuneration if - through no fault of their own - they are released from that contract. It is known informally as “Play-or-Pay”.

Many stars insist on guarantees in their contract due to the major time commitment agreeing to appear in a film can mean. For example, Kurt Russell's decision to appear in the film Soldier - for which he was paid $15 million - was a total commitment of 18 months, during which he was not able to appear in another film. If the film were cancelled, or if he were replaced (but not if he withdrew of his own accord), Russell would be paid $15 million, or a large part of that fee, to compensate him for clearing his schedule.

Studios are reluctant to agree to guarantees but accept them as part of the deal for signing major talent.

Examples of “Play-or-Pay”

  • Director Guy Hamilton originally agreed to direct Superman when it was due to film at Cinecittà Studios in Rome, Italy. When the producers realized that they could save millions by filming in Britain, Hamilton - a tax exile who lives in the Caribbean - had to withdraw. He insisted he was paid his $1 million fee in full.
  • Director Brian de Palma had originally wanted his Greetings star Robert DeNiro to play Al Capone in his film The Untouchables. When DeNiro turned him down, de Palma cast a superb second-choice, British actor Bob Hoskins. However, de Palma and producer Art Linson were determined to get DeNiro, and when he agreed after all, Hoskins was released from his contract. Later, Hoskins received a check through the mail for $200,000. He rang de Palma up and asked if he had “any other films you don't want me to appear in.”
  • In 1991, celebrity couple Julia Roberts and Kiefer Sutherland were supposed to appear together in a Western called Renegades. When Roberts called their engagement off, Sutherland was paid $3 million to leave the project. For a while, producers kept Roberts on the project as they tried to pair her up with Mel Gibson.
  • Arnold Schwarzenegger agreed to appear in a mega-budget historical adventure called Crusades for Mario Kassar's company Carolco. When the projected budget went past $200 million, financing collapsed, despite pre-production expenditure of $20 million. Instead of collecting his “Play-or-Pay” $15 million, Schwarzenegger asked for all rights to the script in the hope that one day he could get it made.
  • Another example of a star turning down his guarantee was on Oliver Stone's proposed Noriega biopic. When the project collapsed, star Al Pacino decided not to increase Stone's misery and asked for no money.

 
Misspellings: guarantee

Common misspelling(s) of guarantee

  • guarentee

 
Translations: Translations for: Guarantee

Dansk (Danish)
n. - garanti, kaution
v. tr. - garantere, kautionere for, svare for, borge for

Nederlands (Dutch)
garantie, waarborg, borg, onderpand, degene aan wie iets gewaarborgd wordt, wisselborgtocht, garanderen, vrijwaren, verzekeren, waarborgen

Français (French)
n. - (Comm) garantie, assurance (contre), (fig) parole, (Jur) garantie, caution, gage, garantie, garant
v. tr. - (Comm) garantir, garantir, assurer, s'engager à faire, (Jur) se porter garant/caution d'un emprunt, garantir (un chèque), avaliser (une traite), se porter garant de

Deutsch (German)
n. - Garantie, Gewähr, Bürgschaft, Bürge, Garant
v. - garantieren, bürgen für

Ελληνική (Greek)
n. - εγγύηση, εγγυητής, εχέγγυο, ενέχυρο
v. - εγγυώμαι, παρέχω εγγύηση

Italiano (Italian)
garantire, garanzia, garante

Português (Portuguese)
n. - garantia (f), pessoa (f) que recebe uma garantia
v. - garantir

Русский (Russian)
гарантировать, гарантия, гарант (юридическое лицо или документ), ручаться, поручительство, залог, страховать

Español (Spanish)
n. - garantía, fianza
v. tr. - garantizar, afianzar, avalar, asegurar

Svenska (Swedish)
n. - garanti, borgensman, garantimottagare
v. - garantera, bädda för

中文(简体) (Chinese (Simplified))
担保, 保证书, 抵押品, 保证

中文(繁體) (Chinese (Traditional))
n. - 擔保, 保證書, 抵押品
v. tr. - 保證, 擔保

한국어 (Korean)
n. - 보증, 보증인, 담보, 피보증인
v. tr. - 보증하다, 장담하다

日本語 (Japanese)
n. - 保証, 保証書, 保証するもの, 被保証人, 保証人, 担保
v. - 保証する

العربيه (Arabic)
‏(الاسم) ضمان, ضمانه, الكفيل (فعل) يضمن, يكفل‏

עברית (Hebrew)
n. - ‮ערבות, ערב, ערובה, ביטחון, עירבון‬
v. tr. - ‮ערב ל-, הבטיח‬


 
Best of the Web: guarantee

Some good "guarantee" pages on the web:


American Sign Language
commtechlab.msu.edu
 
 
 

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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Thesaurus. Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.  Read more
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