Limited warranty

Also found in: Acronyms.

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 ?
John Deere equipment is best-in-class and this new limited warranty proves we stand behind our products and believe in their longevity and durability," said Dennis Docherty, John Deere Worldwide.
A limited warranty sufficient to exclude or modify a housing merchant implied warranty must be written in plain English and must clearly disclose that the warranty is a limited warranty which limits implied warranties on the sale of the new home and the words "limited warranty" must be clearly and conspicuously captioned at the beginning of the warranty document.
The terms and conditions of Toshiba's standard limited warranty, extended warranty and service upgrade terms and conditions are available at www.
The 3-year/50,000-mile basic "bumper-to-bumper" limited warranty offered by Isuzu is also 14,000 miles longer than the basic limited warranties provided by Honda, Nissan, Subaru, Toyota, Chevrolet, Dodge, Ford, or GMC.
The Roofing System Advantage(R) Limited Warranty is the most comprehensive extended warranty in the market and provides contractors reasons to up-sell to the customer.
Our 10-year, 120,000 mile Powertrain Limited Warranty is proving a powerful motivator that assures buyers of the outstanding value of Isuzu SUVs," said Buck Trawick, AIMI Vice President, SUV sales.
Goodman will provide its 10-year parts limited warranty to homeowners who register qualifying Goodman equipment within 60 days after installation via the company's on-line warranty registration system.
Between 1994 and 1998, Hyundai's basic limited warranty was an industry standard three-years/36,000-miles, while powertrains were covered for five years and 60,000 miles.
The new limited warranty program is standard for Dell's 486/NP, OptiPlex, OmniPlex and Dell PowerEdge systems and covers PC monitors as well as mice, keyboards, network interface cards (NICs) and many other standard Dell parts.
The award-winning builder is initiating these unique programs at all 17 of its new-home projects, some of which are located within four master-planned communities, with the exception of the retirement community of Sun Lakes Country Club, which will participate only in the Presley Five-Year Limited Warranty Program.
Every Panasonic Toughbook is sold with a standard three-year limited warranty and access to 24/7/365 U.
Every 1992 Isuzu product is covered by a comprehensive 36-month/50,000 mile limited warranty, 60-month/60,000 mile power- train limited warranty and 72-month/100,000 mile limited rust perforation limited warranty.

Full browser ?