güvence

Güvence is a Turkish noun meaning guarantee, security, or assurance that a person or entity will fulfill an obligation or that a risk will be mitigated. It is used in legal, financial, and everyday contexts to denote a commitment or arrangement intended to increase trust between parties.

Etymology: The term derives from güven, meaning trust or confidence, with the suffix -ce forming an abstract noun indicating a state, quality, or act of providing assurance.

Uses in law and finance: In civil and commercial law, güvence refers to a form of security ensuring performance or payment, such as a guarantor’s obligation, a bank guarantee, or a deposit. It may function as collateral or as a formal guarantee (teminat, kefalet) depending on the jurisdiction. In contracts, güvence is used to reduce the risk of non-performance and to provide a remedy if terms are not met.

Relation to similar terms: In everyday language, güvence can denote assurance or service delivery guarantees; however, Turkish often uses garanti for product warranties. Phrases such as güvence mektubu (guarantee letter) and güvence bedeli (security deposit) illustrate its broader administrative meaning. Teminat and kefalet denote specific security instruments in law.

See also: garanti, teminat, kefalet, güvence.