guarantee clause

guarantee clause.

1. A provision in a contract, deed, or mortgage by which one person promises to pay the ob-ligation of another. [Cases: Mortgages 111. C.J.S. Mortgages § 74.]

2. (cap.) U.S. Const. art. IV, § 4, under which the federal government ensures for the states both a republican form of government and protection from invasion or internal insurrection.

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词条贡献者

双语律师Benita，国际知名法学院金融专业，擅长翻译各类与项目开发及融资相关的法律文件。