Limited warranty

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Limited warranty

A warranty with certain conditions and limitations on the parts covered, type of damage covered, and/or time period for which the agreement is good.

Limited Warranty

An agreement between a seller and a buyer in which the seller agrees to pay for damage to a good under certain conditions. For example, the limited warranty may only cover certain types of damage and/or damages up to a certain amount. For example, if one buys a computer with a limited warranty, the seller may refuse to pay for damages from water or deliberate abuse. See also: Unlimited warranty.
References in periodicals archive ?
There are no limited warranties printed on the tacos at Taco Bell," comments Wilde, "but there could be.
Limited warranties must be conspicuous and are usually printed in bold letters.
All of the warranties issued are known as limited warranties to conform: to the Uniform Commercial Code (UCC).

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