warranties

Noun

warranty (countable and uncountable, plural warranties)

1. (countable) A guarantee that a certain outcome or obligation will be fulfilled; security.
   • Those who have had the care and government of politic societies introduced coinage, as a remedy of those two inconveniences. The stamp was a warranty of the public, that, under such a denomination, they should receive a piece of such a weight, and such a fineness; […]1691, John Locke, Some Considerations on the consequences of the Lowering of Interest and the Raising of the Value of Money, Thomas Davison, Whitefriars, published 1823, page 88
2. (countable, obsolete) A legal agreement that was a real covenant and ran with the land: The grantor of a piece of real estate held in freehold, and their heirs, were required to officially guarantee their claim and plead their case for the title. If evicted by someone with a superior claim (paramount title), they were also required to hand over other real estate of equal value in recompense. It has now been replaced by personal covenants and the covenant of warranty.
   1. (countable, obsolete) A covenant, also called the covenant of warranty, whereby the grantor assures the grantee that he or she will not be subject to the claims of someone with a paramount title, thereby guaranteeing the status of the title that is being conveyed.
3. (countable) A legal agreement, either written or oral (an expressed warranty) or implied through the actions of the buyer and seller (an implied warranty), which states that the goods or property in question will be in exactly the same state as promised, such as in a sale of an item or piece of real estate.
4. (countable) A written guarantee, usually over a fixed period, provided to someone who buys a product or item, which states that certain repairs and/or replacement parts will be provided free of charge in case of damage or a defect.
   • I took out an extended warranty on my television for five years at a cost of $100.
5. (countable) A stipulation of an insurance policy made by an insuree, guaranteeing that the facts of the policy are true and the insurance risk is as stated, which if not fulfilled renders the policy void.

See all 8 meanings of warranty