assurance

Vocabulary Word

Definition

'Assurance' is about giving someone trust, belief, or confidence about something. Whether you are soothing a worried child or giving a business promise in a meeting, both are forms of assurance.

Examples in Different Contexts

In publishing, authors might seek assurance on the representation of their work. An editor could assert, 'We give assurance that your narrative remains untouched.'

Practice Scenarios

Accounting

Scenario:

Our firm needs to review financial statements for accuracy and compliance. It's essential for maintaining trust with our clients.

Response:

By offering assurance services, we can confirm the accuracy of financial statements and maintain our clients' confidence.

Tech

Scenario:

Our new application is ready for release. We need to ensure it meets the highest standard of performance.

Response:

We should conduct assurance tests to verify the application's functionality and performance before it's officially released.