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| We Discussed With Mike the Meaning |
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| of
the Term “Guarantee.” |
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| guar·an·tee (g r
n-t ), n. |
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| 1. | Something that assures a particular outcome or |
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| condition: Lack of interest is a guarantee of failure. |
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| a. | A promise or an assurance, especially one given in writing, that |
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| attests to the quality or durability of a product or service. |
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| b. | A pledge that something will be performed in a specified |
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| manner. |
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| (Save this
for your future reference.) |