lián​bǎo

mutual guarantee

Senses

联保/ 聯保 lián​bǎo mutual guarantee

a joint guarantee of proper conduct or financial responsibility where several parties vouch for each other

联保/ 聯保 lián​bǎo joint insurance

(Taiwan) an insurance arrangement involving multiple companies to cover large risks

联保/ 聯保 lián​bǎo joint warranty

(Mainland China) a nationwide warranty or maintenance service provided by multiple affiliated service points, often abbreviated from 联合保修 lián​hé​bǎo​xiū

References

abbreviation 联保/聯保 联合保险/聯合保險
abbreviation 联保/聯保 联合保修/聯合保修