Guarantee
Legal definition for Indian law research
Definition
In law and common usage A promise to answer for the payment of some debt or the performance of some duty in case of the failure of another person who is in the first instance liable to such payment or performance an engagement which secures or insures another against a contingency a warranty a security Same as Guaranty
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.