lián​bǎo

mutual guarantee

联保 聯保 lián​bǎo
mutual guarantee
a joint guarantee of proper conduct or financial responsibility where several parties vouch for each other
joint insurance
(Taiwan) an insurance arrangement involving multiple companies to cover large risks
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

Cross-References

Abbreviation of