warranty

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Warranty

A guarantee by a seller to a buyer that if a product requires repair or remedy of a problem within a certain period after its purchase, the seller will repair the problem at no cost to the buyer.

Warranty

A guarantee that the manufacturer of a product will repair damage or defects for free for a certain period of time. For example, a computer often comes with a warranty for a year. If the computer breaks in the first year of ownership, the manufacturer will repair or replace it without cost to the computer owner. Most warranties are limited warranties, meaning that there is a maximum amount the manufacturer will pay for repairs and/or that certain damage is not covered by the warranty. For example, a warranty on a computer generally does not cover water damage. Some warranties come with a product while others are purchased separately. Often, one may purchase an unlimited warranty, which has no constraints, or an extended warranty, which has a longer expiry, in addition to the ordinary warranty.

warranty

see GUARANTEE.

warranty

see QUALITY.

warranty

An express or implied promise arising out of a contract or a transfer of interests in real estate.An express warranty would be a manufacturer's warranty that an appliance will be defect free for 12 months. The “warranty of fitness for a particular use and purpose” is an implied warranty, imposed by the law,that a product will be safe if used in the manner in which it is intended.The contents of written warranties on consumer products are covered by the federal Magnusson-Moss Act, passed in 1975.It includes goods attached to or installed on real property. See alsowarranty deed.

References in periodicals archive ?
The terms of the Toyota Approved Used Car Warranty mean that, should any part covered by the warranty fail, it will be fixed at an official Toyota Service Centre using genuine Toyota replacement parts.
However, even the earliest models are safe buys, as Hyundai's excellent five-year unlimited mileage new car warranty can be transferred from owner to owner.
As far as I'm concerned, the UK's best used car warranty comes from Warrantywise.
Car warranty company Warranty Direct canvassed Britain's motoring pundits for their judgment on the 40 most reliable models in the market.
report for pointing the finger at seven car makers over new car warranty conditions on servicing.
While the Ken Thorne Group was trading, Chris Thorne was listed as having two company appointments - director of Capital Car Warranty Services Limited and company director of Ken Thorne Motor Village (Swansea) Limited, both of which are in liquidation.
Sales of theMazda3 will no doubt benefit from leading car warranty company, Warranty Direct, stating this week that the company has topped the Reliability Index for the third year running.
THERE has been a call for the Office of Fair Trading to expand its new car warranty investigation into the used car market.
What owners may not realize is that most Meineke Car Care Centers have ASE-trained technicians who are qualified to perform the maintenance work needed to preserve the new car warranty.
MILLIONS of motorists could be in danger of unwittingly invalidating their car warranty by using the wrong fuel.
HYUNDAI is the latest to improve its used car warranty programme in a bid to persuade punters to buy from its dealers rather than their rivals.
In their petitions, Ken and Maggie were identified as the company directors of Ken Thorne Car Sales Ltd, which incorporates the Penarth Road dealership, Ken Thorne Motor Village Ltd in Swansea and the Capital Car Warranty Services Ltd.