The phrase
"guarantee amount" refers to the specific sum of money that someone promises to pay or provide assurance for, typically in a contract or agreement. It is the fixed or agreed-upon financial protection or backup that ensures that a certain amount of money will be available if needed.
Full definition
Synonyms for individual words can be found below.
«guarantee»
«amount»
Sentences with «guarantee amount»
- Most policies do guarantee some amount of death benefit, should the investments fall below a specified level. (einsurance.com)
- You are also guaranteed an amount at the end of the endowment period. (policybazaar.com)
- This doesn't guarantee the amount of pension income they receive, as this will depend on the type of investment the pension scheme is in. (smallbusinessesdoitbetter.com)
- (see all
sentences)