Guaranteed
/ˈɡær.ən.tid/
Definitions
- (adj.) Secured by a formal assurance, often legally enforceable, that a particular condition or payment will be fulfilled.
The tenant was guaranteed peaceful enjoyment of the property under the lease.
- (v. (past participle)) Having given a formal assurance or promise, often binding legally.
The lender guaranteed the loan against default.
Related terms
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Commentary
"Guaranteed" functions both as a past participle verb form and as an adjective; in legal contexts, it denotes an enforceable assurance, often requiring precise drafting to ensure clarity of the secured obligation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.