Guarantee is a formal noun meaning a promise or assurance that a product, service, or outcome will meet certain standards, or be remedied if it fails. It implies a legal or formal commitment, often backed by terms and conditions. The concept emphasizes protection for the buyer and accountability for the provider, sometimes extending to a specific period.
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1:03Derivatives
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0:57Equity
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0:57Escrow
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1:02Expenditure
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1:02Fiduciary
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0:59Guarantee
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0:58Guaranty
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Intangible
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1:06Intermediaries
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1:04Intermediary
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