Business Financing

noun a formal assurance that certain conditions will be fulfilled, especially that a product will be repaired or replaced if it fails within a certain period

verb to provide a guarantee or assurance

• The company provides a guaranty for all their products for up to one year.
• I can guaranty that the new restaurant in town serves amazing food.
• I guaranty you'll have a great time at the party tonight!
• His reputation as a trustworthy person acts as a guaranty for his success in the business world.

noun a written promise to pay a specified sum of money to a specified person at a specified time

• The borrower signed a promissory note outlining the terms of the loan.
• I had to sign a promissory note before getting the money from the bank.
• I'll pay you back, just write up a promissory note for me.
• Her commitment to the project was like a promissory note, guaranteeing her dedication.