Guaranteeing
/ˌɡærənˈtiːɪŋ/
Definitions
- (v.) Present participle of guarantee, indicating the act of providing a formal assurance or promise regarding performance, payment, or fulfillment of an obligation.
The bank is guaranteeing the loan to mitigate the borrower's risk.
Forms
- guarantee
- guarantees
- guaranteed
Related terms
See also
Commentary
As a gerund or present participle, 'guaranteeing' functions as a verbal form derived from 'guarantee' and does not have a standalone legal definition separate from its base verb.
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.