(a) Bank Prime Loan Rate, Percent, Not Seasonally Adjusted (MPRIME) Write a custom formula to transform one or more series or combine two or more series. You can begin by adding a series to combine with your existing series. Now create a custom formula to combine or transform the series.
Guarantee is a legal term more comprehensive and of higher import than either warranty or security. It most commonly designates a private transaction by means of which one person, to obtain some trust, confidence or credit for another, engages to be answerable for him.
Share. ANSWER: Guarantee, the broader and more common term, is both a verb and a noun. The narrower term, guaranty, today appears mostly in banking and other financial contexts; it seldom appears in nonlegal writing. Guarantee, vb. 1.