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Guaranteeing Meaning: Definition, Examples, and Translations

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guaranteeing

[ˌɡɛrənˈtiːɪŋ ]

Definition

Context #1 | Verb

legal context

Guaranteeing refers to the act of providing a formal assurance that certain conditions will be fulfilled. This term is often used in legal and financial settings where one party promises to take responsibility for the obligations of another. A guarantee may involve various forms of collateral and can serve as a safety net for lenders or service providers. It implies a commitment that extends beyond a mere promise, providing a sense of security and trust in business dealings.

Synonyms

ensuring, promising, warranting.

Examples of usage

  • He is guaranteeing the loan for her.
  • The manufacturer is guaranteeing the quality of the product.
  • The contract includes a clause guaranteeing timely delivery.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Legal

  • In legal contexts, 'guaranteeing' often refers to a contractual obligation where parties assure each other of compliance.
  • Lenders often require guarantees from individuals or companies as a security measure for loans, ensuring repayment.
  • Guarantees in consumer rights protect buyers from defective products, making sellers accountable for quality.

Economics

  • In economics, the concept of guaranteeing financial stability is crucial during crises, like banks assuring deposits are safe.
  • Government backing can guarantee loans for small businesses, encouraging entrepreneurship and economic growth.
  • Investment guarantees can attract investors by minimizing risks associated with new ventures.

Psychology

  • The need for guarantees relates to human psychology, as people often seek certainty in decision-making to reduce anxiety.
  • In relationships, partners who provide guarantees of love help build trust and security, strengthening bonds.
  • Guaranteeing outcomes can be linked to the 'illusion of control,' where individuals feel they have more power over uncertain situations.

Pop Culture

  • Movies often feature characters who promise to 'guarantee' safety in dangerous situations, emphasizing themes of loyalty.
  • In music, songs about love often mention guarantees, showcasing themes of commitment and assurance.
  • Popular brands utilize guarantees in advertising campaigns to build trust and attract loyal customers.

Origin of 'guaranteeing'

Main points about word origin

  • The word 'guaranteeing' comes from the Old French 'garantir', meaning to protect or secure.
  • It has roots in the Latin word 'guarantire', which combines 'warant' (a protector) and 'an' (to provide).
  • The word was first used in English in the early 17th century, evolving to mean both assurance and promise.

The term 'guarantee' originates from the Old French word 'garantir', which means to protect or to assure. This, in turn, is derived from the mediæval Latin 'garantia'. The word was commonly used in contexts relating to financial transactions and legal agreements during the 15th century. Over time, it evolved to capture the broader sense of assurance and commitment in various domains, including business and everyday usage. By the late 16th century, the term was well-established in English, often associated with promises of safety and reliability. Its usage reflects the growing importance of trust and security in transactions, particularly in an increasingly complex economic landscape.

Word Frequency Rank

At position #13,646, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.