long-term guarantee
[/lɔŋ tɜrm ɡærənˈtiː/]
nounpl: long-term guarantees
garantia de longo prazo
1. A promise or assurance by a manufacturer or seller to repair or replace a product if it fails within a specified extended period, typically several years
The appliance comes with a long-term guarantee covering parts and labor for five years.
O eletrodoméstico vem com uma garantia de longo prazo cobrindo peças e mão de obra por cinco anos.
2. A formal commitment or pledge to maintain or support something over an extended duration
The company offers a long-term guarantee on the quality of its products.
A empresa oferece uma garantia de longo prazo sobre a qualidade de seus produtos.
3. In finance and business, an assurance that obligations or performance standards will be met over years or decades
The bank provided a long-term guarantee for the infrastructure project.
O banco forneceu uma garantia de longo prazo para o projeto de infraestrutura.
In Brazil, long-term guarantees are highly valued, especially for electronics and appliances, and consumer protection laws (Código de Defesa do Consumidor) specify minimum warranty periods. In the USA, extended warranties are often offered as optional purchases beyond the standard manufacturer's warranty. The concept is central to consumer trust and is frequently highlighted in marketing and sales negotiations in both markets.
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