warranty | |
1. n. A guarantee that a certain outcome or obligation will be fulfilled; security. | |
2. n. (law, real estate, obsolete) An obsolete legal agreement that was a real covenant and ran with the land, whereby the grantor and his heirs of a piece of real estate held in freehold were required to o | |
3. n. (law, real estate) A covenant, also called the covenant of warranty, whereby the grantor assures the grantee that he or she not be subject to the claim | |
4. n. (law) A legal agreement, either written or oral (an expressed warranty) or implied through the actions of the buyer and seller (an implied warranty), which states that the goods or property in questio | |
5. n. A written guarantee, usually over a fixed period, provided to someone who buys a product or item, which states that repairs will be provided free of charge in case of damage or a fault. | |
I took out an extended warranty on my television for five years at a cost of $100. | |
I made sure to check the terms of my warranty for my computer to ensure I was covered in case it broke down. | |
It's always a good idea to get a good warranty on anything you buy that you think may break down. | |
6. n. (insurance law) A stipulation of an insurance policy made by an insuree, guaranteeing that the facts of the policy are true and the insurance risk is as stated, which if not fulfilled renders the poli | |
7. n. (rare) Justification or mandate to do something, especially in terms of one’s personal conduct. | |
8. v. To warrant; to guarantee. | |