guaranteed payment
[ɡærənˈtiːd ˈpeɪmənt]
nounpl: guaranteed payments
pagamento garantido
1. A payment that is legally assured to be made regardless of circumstances or conditions; a sum of money promised to be paid with certainty
The contract includes a guaranteed payment of $50,000 upon signing.
O contrato inclui um pagamento garantido de $50.000 na assinatura.
2. In business/finance, money committed to be paid by a debtor, employer, or contracting party with legal obligation
The athlete signed a three-year deal with a guaranteed payment of $2 million per year.
O atleta assinou um contrato de três anos com um pagamento garantido de $2 milhões por ano.
3. In partnerships or business structures, distributions made to partners that are not dependent on company profits
As a limited partner, she receives guaranteed payments regardless of the firm's financial performance.
Como sócia limitada, ela recebe pagamentos garantidos independentemente do desempenho financeiro da empresa.
In both Brazilian and American business cultures, 'guaranteed payment' is a critical concept in contract law and employment negotiations. In the US sports industry, guaranteed payments in athlete contracts are highly publicized. In Brazil, this term is essential in partnership agreements (parcerias) and employment contracts (contratos de trabalho). The concept reflects the importance of financial security and legal certainty in formal business relationships across both cultures.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →