warranty

war·ran·ty

noun \ˈwȯr-ən-tē, ˈwär-\

plural war·ran·ties

Definition of WARRANTY

1

a : a real covenant binding the grantor of an estate and the grantor's heirs to warrant and defend the title b : a collateral undertaking that a fact regarding the subject of a contract is or will be as it is expressly or by implication declared or promised to be

2

: something that authorizes, sanctions, supports, or justifies : warrant

3

: a usually written guarantee of the integrity of a product and of the maker's responsibility for the repair or replacement of defective parts

Examples of WARRANTY

1. The stereo came with a three-year warranty.
2. <a one-year warranty for the refrigerator>

Origin of WARRANTY

Middle English warantie, from Anglo-French warantie, garantie, from warentir to warrant

First Known Use: 14th century

Related to WARRANTY

Synonyms: bond, contract, covenant, deal, guaranty, surety, guarantee

Related Words: oath, pledge, troth, vow, word; accord, bargain, compact, concordat, convention, pact, treaty; assurance, insurance, seal; bail, deposit, pawn, security

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Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite