guarantee; written guarantee; insurance policy
Meanings
2 senses · 5 examplesnoun
written guarantee; bond
archaicA written, formal document in which one person (the guarantor) promises to be responsible for another person's debts or obligations, especially in a historical legal context.
In ancient lawsuits, the guarantor needed to submit a written guarantee to the magistrate's office.
This Qing dynasty bond specifies the guarantor's responsibilities in detail.
noun
insurance policy; warranty certificate
neutralThe modern and primary meaning. It refers to a contract issued by an insurer detailing the terms and coverage of insurance, or a document guaranteeing repair or replacement for a product.
Please keep your vehicle insurance policy safe.
After buying a new phone, remember to ask for the warranty certificate.
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The beneficiary of this life insurance policy is his son.