guarantee against loss
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Guarantee Security Life Insurance Company — Guarantee Security Life Insurance Company, or GSLIC, represented one of the most severe cases of insurance fraud in Florida history. According to the Florida Insurance Commissioner:: [GSLIC] was, almost from the beginning, a massive fraud, aided… … Wikipedia
guarantee — gua·ran·tee /ˌgar ən tē, ˌgär / n [probably alteration of guaranty] 1: guarantor 2: guaranty (1) 3: an assurance that a condition will be fulfilled: as … Law dictionary
guarantee — /gærənˈti / (say garuhn tee) noun 1. a warrant, pledge, or promise accepting responsibility for the discharging of another s liabilities, as the payment of a debt. 2. a promise or assurance, especially one given in writing by a manufacturer, that …
guarantee — /gar euhn tee /, n., v., guaranteed, guaranteeing. n. 1. a promise or assurance, esp. one in writing, that something is of specified quality, content, benefit, etc., or that it will perform satisfactorily for a given length of time: a money back… … Universalium
guarantee — guar•an•tee [[t]ˌgær ənˈti[/t]] n. v. teed, tee•ing 1) a promise, esp. one in writing, that something is of specified quality, content, benefit, etc., or will perform satisfactorily for a given length of time: a money back guarantee on an… … From formal English to slang
guarantee — I. noun Etymology: probably alteration of 1guaranty Date: 1680 1. guarantor 2. guaranty 1 3. an assurance for the fulfillment of a condition: as a. an agreement by which one person undertakes to secure another in the possession or enjoyment of… … New Collegiate Dictionary
loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… … Black's law dictionary
loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… … Black's law dictionary
Loss payee clause — A loss payee clause (or loss payable clause) is a clause in a contract of insurance which provides that in the event of payment being made under the policy in relation to the insured risk, payment will be made to a third party rather than to the… … Wikipedia
guarantee — n. & v. n. 1 a a formal promise or assurance, esp. that an obligation will be fulfilled or that something is of a specified quality and durability. b a document giving such an undertaking. 2 = GUARANTY. 3 a person making a guaranty or giving a… … Useful english dictionary
