(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.
A guarantee is generally given by manufacturers whereas the warranty is provided by most of the retail sellers or distributors. In a case of motorcycle purchase, there is the guarantee from the manufacturer and the seller has to provide the warranty on the vehicle from his part. The main difference between guarantee and warranty lies in the dissimilarity of expectations in both the cases. Generally, it is believed that one can get his money back with the strength of a guarantee, if the product is defective or does not provide the assured standard.