Definition of warranty
1a : a real covenant binding the grantor of an estate and the grantor's heirs to warrant and defend the titleb : 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 in a Sentence
The stereo came with a three-year warranty.
a one-year warranty for the refrigerator
Recent Examples of warranty from the Web
The error message disappeared, and the work was covered under Land Rover’s warranty.
Tri-Creek's new solar panel arrays have a 25-year warranty and have a life expectancy of 30 years, Howe said.
Complaints alleged that Midwest misrepresented used vehicle parts and the warranties offered.
The company agreed to provide more than 7,000 customers a one-year extended warranty on ancillary parts and labor, according documents filed in Franklin Circuit Court and released Monday.
Park Place is a provider of hardware maintenance and support specializing in extended warranty services for data storage, servers and network equipment.
The product ships with all relevant accessories, a minimum 90-day warranty, and may arrive in a generic box.
Their top picks are Miele and SEBO, citing longevity and long warranties.
Travel companies frequently promote warranties, customer promises or mission statements that claim to put you first.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'warranty'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of warranty
Middle English warantie, from Anglo-French warantie, garantie, from warentir to warrant
First Known Use: 14th centurySee Words from the same year
Financial Definition of WARRANTY
What It Is
An implied warranty is an unwritten guarantee that a product or service works as expected.
How It Works
An implied warranty is a lot like an assumption. For example, when you buy a new car from a car dealer, the implied warranty is that the car works. When you order a hamburger at a restaurant, it comes with the implied warranty that it is edible.
The Uniform Commercial Code (UCC) contains an "implied warranty of merchantability" that states that in every sales transaction, the good sold must be fit for the ordinary purposes for which the good is used, would pass without objection in the trade, is adequately packaged and labeled, and reflects the promises made on the label. Sometimes an implied warranty also exists when the seller knows what the buyer is going to use the good for and the buyer relies on the seller's judgment when choosing the goods. If the buyer is a knowledgeable buyer, however, the implied warranty doesn't always exist, especially if the buyer knows as much or more about the product than the seller does.
Why It Matters
Implied warranties protect consumers from purchases involving products or services that are not what was represented by the seller. They are often the legal mechanism behind why consumers can usually return defective products to merchants for a refund. Sometimes, sellers will disclaim an implied warranty at the time of sale (though they have to do this in writing and usually in boldface print).
WARRANTY Defined for English Language Learners
Definition of warranty for English Language Learners
: a written statement that promises the good condition of a product and states that the maker is responsible for repairing or replacing the product usually for a certain period of time after its purchase
Legal Definition of warranty
1 : a promise in a deed that gives the grantee of an estate recourse (as through an action for damages) against the grantor and the grantor's heirs in case the grantee is evicted by someone holding a paramount title —called also covenant of warranty — see also special warranty deed and warranty deed at deed
2a : a promise in a contract (as for a sale or lease) which states that the subject of the contract is as represented (as in being free from defective workmanship) and which gives the warrantee recourse against the warrantor a warranty against defects is implied by the sale — see also breach of warranty at breach 1a — compare caveat emptor Editor's note: A warranty was originally considered to extend only to those parties having privity of contract (as the manufacturer and dealer of an automobile), but cases have held that a warranty also extends to the final consumer who does not contract directly with the manufacturer. Both express and implied warranties may be modified, limited, or even waived by agreement of the parties. Breach of a warranty generally does not constitute breach of the entire contract. express warranty : a warranty that is created in a contract by a statement of fact (as a description) which is made about the object of the contract and which forms a basis of the bargain implied warranty : a warranty that is not expressly stated but that is recognized or imposed by the law based on the nature of the transaction warranty of fitness : a usually implied warranty that the property being sold is fit for the purpose for which the buyer is purchasing it Editor's note: Under the Uniform Commercial Code, a seller must know the purpose for which goods are being bought and that the buyer is relying on the seller's skill or judgment in order for a warranty of fitness to be implied. warranty of habitability : a usually implied warranty in a residential lease that the leased premises will be habitable Editor's note: If a landlord breaches a warranty of habitability, a tenant may have such remedies as terminating the tenancy, recovering damages, or withholding rent. The warranty is based in many jurisdictions either on case law or statute. warranty of merchantability : a usually implied warranty that the property being sold is merchantable (as by being of a quality that is generally acceptable in that line of trade) Editor's note: Under the Uniform Commercial Code, a warranty of merchantability is not implied unless the seller is a merchant with respect to the goods sold. b : a usually written guarantee of the integrity of a consumer product and of the maker's responsibility for the repair or replacement of defective parts — see also Consumer Product Safety Act
3 : a statement made in an insurance policy by the insured that a fact relating to the subject of the insurance or the risk exists or will exist or that some related act has been done or will be done — compare representation Editor's note: A warranty in an insurance policy must be true or be fulfilled in order for the policy to be valid. affirmative warranty : a warranty stating that a fact or condition is currently true promissory warranty : a warranty stating that a fact or condition is and will remain true
Origin and Etymology of warranty
modification (influenced by warrant) of Anglo-French garantie, from garantir to protect, warrant
Seen and Heard
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