permanent guarantee
[/ˈpɜːrmənənt ˈɡærəntiː/]
nounpl: permanent guarantees
garantia permanente
1. A legally binding assurance or promise that remains in effect indefinitely or for an extended period without expiration, ensuring that a product, service, or obligation will be maintained or honored
The manufacturer offers a permanent guarantee on all structural defects in the building materials.
O fabricante oferece uma garantia permanente contra todos os defeitos estruturais nos materiais de construção.
2. In finance and legal contexts, a commitment that remains valid and enforceable throughout the life of an agreement or relationship
The bank provided a permanent guarantee for the loan without any review period.
O banco forneceu uma garantia permanente para o empréstimo sem qualquer período de revisão.
3. A long-term security or pledge that protects a party's interests indefinitely
The contract included a permanent guarantee of employment benefits for retired employees.
O contrato incluía uma garantia permanente de benefícios de emprego para os funcionários aposentados.
In Brazil, 'garantia permanente' is commonly used in consumer protection laws and commercial contexts, reflecting strong consumer protection regulations. In the USA, similar concepts are often called 'lifetime warranties' or 'lifetime guarantees.' The term holds significant legal weight in both jurisdictions and often relates to product liability and consumer rights protections.
Related Idioms & Phrases
to honor a permanent guarantee
backed by a permanent guarantee
under permanent guarantee
guarantee for life
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